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%.

    Each publication is not only a cultural product, a special type of goods, but also contains the message, viewpoint, value system and social responsibility of the author, publisher and management agency. Photo: Hai Nguyen

    Innovating publishing activities, better fulfilling the mission of serving the People

    |

    Publishing is a specific field of ideological and cultural work; both disseminating knowledge, preserving cultural values, and directly participating in orienting awareness, building trust and the spiritual foundation of society. Each publication is not only a cultural product, a special type of goods, but also contains messages, viewpoints, value systems and social responsibility of the author, publisher and managing agency.

    After the fire, the outside of the apartment on the 19th floor and a few apartments above were covered in black smoke. Photo: Ha Thanh

    Fire on 19th floor apartment building in Hanoi

    |

    Hanoi - Apartment on the 19th floor of an apartment building on Tam Trinh street caught fire fiercely on the afternoon of July 22.

    New secret to help road users avoid traffic jams in Hanoi. Photo: To The

    New secret to help people proactively avoid traffic congestion points in Hanoi

    |

    Hanoi - The 36 LED system will display traffic conditions in real time, helping road users proactively avoid congestion points.

    Margin call pressure weighs heavily on the stock market. Photo: Le Toan-DSC Securities Company

    Vietnam's stock market capitalization evaporated 310,000 billion VND in just one session

    |

    The strong selling wave wiped out nearly 310,000 billion VND of capitalization on the Vietnamese stock market after only one session.

    Tricks of the fake perfume production line have just been dismantled. Photo: Thanh Hoa Provincial Police

    Tricks of a fake perfume production line have just been dismantled

    |

    Thanh Hoa - A perfume production line fakes many booths on e-commerce platforms, advertising them as smuggled goods, decanted goods to deceive consumers.

    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%.