EU to Present Next Set of Countermeasures to US Tariffs

EU to Present Next Set of Countermeasures to US Tariffs

EU to Present Next Set of Countermeasures to US Tariffs

The European Union will unveil the next phase of its proposed countermeasures to mitigate U.S. tariffs on Thursday, European Trade Commissioner Maros Sefcovic said Wednesday.

“Tomorrow we will announce next preparatory steps, both in [the] area of possible rebalancing measures and also in the areas important for further discussions,” Sefcovic said during a news conference in Singapore.

In April, the Trump administration imposed a 20% tariff on all goods coming in from the EU but shortly paused the taxes to allow 90 days for negotiations which will expire on July 8. While a 10% tariff remains in place for most items, a 25% duty on foreign cars, steels and aluminum remains intact. The EU has currently paused its preliminary set of retaliatory measures, a response to the metals tax, which are aimed at roughly $21 billion worth of U.S. products.

Read more at Newsmax© 2025 Newsmax. All rights reserved.

Blogs

Painting with a Purpose! (with McLain’s Painting Service)

Painting with a Purpose! (with McLain’s Painting Service)

Nominate your favorite Non-profit organization to get a fresh coat of paint up to $10,000 provided by Sherwin Williams! Nominations for Painting With A Purpose 2025 open on April 28th, 2025 and ends the first week of June. The winner will be announced in July.

Free NewsTalk 98.7 App

Free NewsTalk 98.7 App

Take WOKI with you wherever you go with the free NewsTalk 98.7 App, available on the App Store and Google Play!

Listen Live

Listen Live

We’re making it even easier for you to stay connected to NewsTalk 98.7 wherever you go! Besides tuning in on your radio, you can also stream 98.7 through your computer, smartphone, tablet, and your smart speaker.

There is no custom code to display.

Headlines