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The EU will start imposing tariffs on U.S. imports from April 15
According to PANews, European Commission Vice President Šefčovič stated that the EU will impose the first batch of tariffs on U.S. imports starting from April 15, and the second batch from May 15. The EU is imposing tariffs on the U.S. in response to the Trump administration's decision to levy tariffs on steel, aluminum, and automobiles, as well as a uniform tariff of 20% on other goods. Additionally, the EU will establish an import monitoring task force to oversee the potential diversion of goods due to U.S. tariffs. European Commission President von der Leyen said: "This is a significant turning point for the U.S." "Nevertheless, we are always ready to negotiate with the U.S."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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