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EU Unveils Countermeasures Against Trump's Steel Tariffs

EU Unveils Countermeasures Against Trump's Steel Tariffs

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The European Union (EU) has implemented tariffs on US products in response to the American tariffs on steel and aluminum imports. The EU's response includes tariffs on boats and bourbon, with European Commission chief Ursula von der Leyen describing the move as a necessary countermeasure. The EU's tariffs are valued at €26 billion, which is the same amount as the US tariffs on steel and aluminum.

Luis Inácio Lula Da Silva
1. Speak calmly with me, speak with respect to me, because I've learned to respect others and want to be respected.
2. It doesn't matter if Trump keeps yelling, because I've learned not to be frightened of an ugly face.
Mélanie Joly
Global Affairs Canada
1. The only constant in this unjustified and unjustifiable trade war seems to be President Trump's talks of annexing our country's through economic coercion.
2. Yesterday, he called our border a fictional line and repeated his disrespectful 51st state rhetoric. Well, Canadians have made it very clear that we will not back down and we will not give in to this coercion.
Dominic LeBlanc
Liberal Party
1. This includes steel products worth $12.6bn and aluminum products worth $3bn, as well as additional imported US goods worth $14.2bn for a total of $29.8bn. The list of additional products affected by counter-tariffs includes computers, sports equipment and cast iron products, as examples.
2. I am announcing that the government of Canada, following a dollar for dollar approach, will be imposing, as of 12.01am, tomorrow, March 13, 2025, 25% reciprocal tariffs on an additional $29.8bn of imports from the United States.
Ursula Von Der Leyen
European Commission
1. Tariffs are taxes. They are bad for business, and worse for consumers. (...) Jobs are at stake. Prices will go up. Nobody needs that – on both sides, neither in the European Union nor in the United States.
2. This matches the economic scope of the US tariffs. Our countermeasures will be introduced in two steps. Starting with Apr 1 and fully in place as of Apr 13.
3. We will always remain open to negotiation. We firmly believe that in a world fraught with geopolitical and economic uncertainties, it is not in our common interest to burden our economies with tariffs.
4. The European Union must act to protect consumers and business.
Claudia Sheinbaum
Morena Party
1. We will wait until 2 April and from then we will see whether our definition of reciprocal tariffs will be applied too.
Christian Tetzlaff
1. There seems to be a quietness or denial about what's going on.
2. I feel utter anger. I cannot go on with this feeling inside. I cannot just go and play a tour of beautiful concerts.
Gareth Stace
1. These tariffs couldn't come at a worse time for the UK steel industry, as we battle with high energy costs and subdued demand at home, against an oversupplied and increasingly protectionist global landscape. What's more, the EU is also pushing ahead with trade restrictive action that will amplify the impact of US tariffs.
Henrik Adam
Eurofer European steel association
1. It will further worsen the situation of the European steel industry, exacerbating an already dire market environment.

EU Unveils Countermeasures Against Trump's Steel Tariffs

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