EU Adopts Tariffs on €21 Billion of US Goods in Metals Fight

The EU's tariffs will target products such as soybeans, diamonds, poultry and motorcycles. 

Photographer: Luke Sharrett/Bloomberg
Lock
This article is for subscribers only.

The European Union approved tariffs to hit around €21 billion ($23.2 billion) of US goods in retaliation for the 25% duties President Donald Trump imposed last month on the bloc’s steel and aluminum exports.

A majority of the EU’s 27 member states on Wednesday voted in favor of the penalties, some of which will start taking effect in mid-April. The tariffs will target politically sensitive American states and include products such as soybeans from Louisiana, home to House Speaker Mike Johnson, as well as diamonds, agricultural products, poultry and motorcycles.