EU imposes 25% tax on many types of US goods

    Thanh Hà |

    The EU approves US countermeasures to tariffs on industry-based aluminum and steel.

    After weeks of consultations between member states, the EU Commission and sectors, the EU approved retaliatory measures on April 9.

    EU member states have approved a 25% tariff on many US goods, including almonds, orange juice, poultry, soy, steel and aluminum, cigarettes and yachts. The move is in response to the 25% tariff the US imposes on the EU steel and aluminum.

    Euronews pointed out that these are Europe's first retaliatory measures in the trade war waged by US President Donald Trump against global trade partners.

    These measures are the first step in the EU's response to the trade war with the US.

    In addition to aluminum and steel, the Trump administration has imposed a 25% customs debt on EU cars and a 20% counterpart tax on all EU imports. 70% of the EU's export turnover to the US is affected by these measures.

    The EU Commission is drafting a second response package to be submitted early next week, the EU body revealed on April 8.

    Thanh Hà
    RELATED NEWS
    The self-developed Chinese LNG carrier "MSC Mariacristina" in the Daily Sea, Liuzhou Province, northeast China. Photo: Xinhua

    China makes strange move with US LNG

    |

    China has not imported US LNG for the longest period since the previous trade war, during President Donald Trump's first term.

    Nord Stream gas pipeline equipment in the Portovaya Bay, about 60 km from Vyborg in northwestern Russia. Photo: Xinhua

    German politician explores using Russian gas to pay for US taxes

    |

    German politician calls for resuming Russian gas supplies in response to US tariffs.

    The Cambodian Prime Minister announced a reduction in US goods tax from 35% to 5%. Photo: VNA

    Cambodia reduces taxes on 19 types of imported products from the US

    |

    Cambodia is committed to boosting imports of products from the US by immediately reducing 19 types of products from the maximum binding tax rate of 35% to the applicable tax rate of 5%.

    Damietta Port of Egypt on July 30. Photo: AFP

    Egypt investigates the origin of UAV attacking 2 gas tankers at Damietta port

    |

    Egypt is analyzing debris of unmanned aerial vehicles (UAVs) from an unprecedented attack on a Mediterranean port in the country.

    When implementing the school merger, management staff will be reduced, and direct teaching staff will be increased. Photo: Van Trang

    Expected sharp reduction in the number of principals when arranging and merging schools

    |

    More than 20 provinces and cities across the country have announced plans to arrange and merge schools, as well as personnel arrangement plans, including the position of principal.

    Satellite image of Himawari super typhoon Dolphin at 8:30 am on July 31. Source: National Center for Hydro-Meteorological Forecasting

    Super typhoon Dolphin fiercely gusting above level 17, will strengthen and change direction

    |

    Super typhoon Dolphin continues to strengthen, likely to exceed level 17, moving towards China

    Vietnam national team once won 2 matches against Singapore national team at ASEAN Cup 2024. Photo: VFF

    Singapore team has big ambitions in the away match at My Dinh Stadium

    |

    Despite having to play away at My Dinh Stadium and being inferior in head-to-head record, Singapore is still confident in aiming for a positive performance against Vietnam.

    Tàu chở LNG do Trung Quốc tự phát triển "MSC Mariacristina" tại vùng biển Đại Liên, tỉnh Liêu Ninh, đông bắc Trung Quốc. Ảnh: Xinhua

    China makes strange move with US LNG

    Thanh Hà |

    China has not imported US LNG for the longest period since the previous trade war, during President Donald Trump's first term.

    Thiết bị đường ống khí đốt Nord Stream ở vịnh Portovaya, cách Vyborg ở tây bắc nước Nga khoảng 60 km. Ảnh: Xinhua

    German politician explores using Russian gas to pay for US taxes

    Thanh Hà |

    German politician calls for resuming Russian gas supplies in response to US tariffs.

    Thủ tướng Campuchia thông báo giảm thuế hàng hóa Mỹ từ 35% xuống 5%. Ảnh: TTXVN

    Cambodia reduces taxes on 19 types of imported products from the US

    Theo TTXVN |

    Cambodia is committed to boosting imports of products from the US by immediately reducing 19 types of products from the maximum binding tax rate of 35% to the applicable tax rate of 5%.