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News in English (USA) / 28.03.2025 / 16:00

EU Braces for US Tariff Retaliation Amid Heightened Trade Tensions

The European Union is gearing up to respond to potential US tariffs, with officials indicating they expect rates between 10-25%. In the face of escalating tensions, EU trade chief Sefcovic is making urgent trips to Washington to negotiate concessions and avert a trade war. As the EU contemplates its strategies, the focus is on digital services and targeting US tech firms as countermeasures. Despite ongoing discussions, the EU has delayed retaliatory tariffs on American goods, including bourbon, but remains prepared for a robust response. The looming situation reflects wider concerns that Trump tariffs could negatively impact global trade and the economic recovery in Europe.
Financial Times, Bloomberg, USA TODAY, Peterson Institute for International Economics, Reuters, The Wall Street Journal, Courier Journal, Table.Media, Carnegie Endowment for International Peace, AGInfo Ag Information Network