European Union member states are rallying to counter U.S. tariffs imposed by former President Donald Trump, with plans to approve retaliatory measures targeting up to $28 billion of American imports. The proposed countermeasures, set for discussion at a critical EU trade meeting in Luxembourg on Monday, aim to address 25% tariffs on steel, aluminum, and vehicles, alongside broader 'reciprocal tariffs' affecting 70% of EU exports to the U.S.
The European Commission will propose levying additional duties on U.S. goods ranging from meat and wine to consumer staples like dental floss and vacuum cleaners. EU diplomats emphasize a dual strategy: seeking negotiations to remove trade barriers while preparing to respond firmly if talks collapse.
'Our priority is unity,' said one diplomat, referencing fears of fragmented trade policies post-Brexit. 'A common commercial policy aligns all members’ interests.' The bloc’s exports to the U.S. totaled €532 billion ($585 billion) in 2022, underscoring the high stakes.
The EU’s response highlights efforts to shield its industries while balancing economic diplomacy. Analysts warn that prolonged tensions could disrupt global supply chains, particularly in pharmaceuticals, semiconductors, and raw materials.
