EU Targets €26 Billion of US Products in Tariff Retaliation

WATCH: The European Union plans to impose its own duties on €26 billion ($28.3 billion) worth of American goods. Kriti Gupta breaks down the situation.Source: Bloomberg

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By Jorge Valero and Alberto Nardelli

March 12, 2025 at 5:20 AM UTC

Updated on

March 12, 2025 at 9:50 AM UTC

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The European Union launched countermeasures on Wednesday against new US metals tariffs, with plans to impose its own duties on up to €26 billion ($28.3 billion) worth of American goods.