EU to impose counter tariffs on $28 billion in US goods
The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of US goods from next month, the European Commission said on Wednesday (March 12), ramping up a global trade war in response to blanket US tariffs on steel and aluminum.
"The counter measures we take today are strong but proportionate. As the United States are applying tariffs worth $28 billion, we are responding with counter measures worth 26 billion euros," European Commission chief Ursula von der Leyen told reporters. "The EU must act to protect its consumers and business."
EUROPEAN UNION / REUTERS VIDEO
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