Europe Retaliates Against U.S.: EU Announces $28 Billion In Tariffs To Counter Trump’s Steel And Aluminum Levies

The European Union announced economic countermeasures against the U.S. worth around $28 billion, shortly after President Donald Trump’s 25% tariffs on all steel and aluminum imports went into effect.

The European Commission, the EU’s executive body, criticized the “unjustified” U.S. tariffs on steel and aluminum from the bloc and said it has launched “swift and proportionate countermeasures” that will go into effect starting April 1.