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

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.

German politician explores using Russian gas to pay for US taxes

|

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

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%.

Two father and son, the golden generation of Japanese sports, light the torch at ASIAD 20

|

Mr. Shigenobu and Mr. Koji Murofushi - two outstanding athletes of Japan - also participated in the ASIAD 20 torch lighting ceremony.

Phu Dinh sluice reaches the finish line, closing the days people slept with high tide water

|

Ho Chi Minh City - After many years of experiencing high tides, the Phu Dinh tide control culvert area has now changed significantly with wider and more spacious roads.

Nha Phuong speaks out after the scandals related to Truong Giang

|

Amidst the debates related to Truong Giang, Nha Phuong for the first time clarified her reaction to the information surrounding her husband and family.

From the 80-year-old teacher's class, Ho Chi Minh City reviews and opens up regular continuing education for children in the whole area's charity class

|

Ho Chi Minh City - From the story of the class of a nearly 80-year-old lottery ticket seller, a new direction is opened for children in Ho Chi Minh City's charity classes.

Live ASIAD 20 Opening Ceremony

|

Live broadcast of the ASIAD 20 Opening Ceremony taking place at 16:00 today (September 19).

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.

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.

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%.