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%.

    Functional agencies have identified 9 candidates involved in the high school graduation exam corruption case at the Le Truc High School exam site. Photo: Cong Sang

    Ministry of Education and Training informs about the violation of graduation exam regulations at Le Truc High School

    |

    Leaders of the Ministry of Education and Training and Quang Tri province agreed to direct the strict handling of the violation of the high school graduation exam regulations at the Le Truc High School exam site.

    Scene of the car causing a chain collision with 5 other vehicles stopping at a red light. Photo: Hoai Thanh

    Minor car causes chain collision with 5 vehicles stopping at a red light in Lam Dong

    |

    Lam Dong - A car suddenly caused a series of accidents into 5 vehicles stopping at a red light in Ward 1, Bao Loc, causing 6 vehicles to be damaged and 3 people to suffer minor scratches.

    The draft Law amending and supplementing a number of articles of the Law on Environmental Protection is expected to continue to promote circular economy development. Photo: Phong Linh

    On July 20, a seminar "Amendment to the Law on Environmental Protection: Opening up great opportunities for green agriculture" took place

    |

    On July 20, Lao Dong Newspaper will organize a seminar "Draft revised Law on Environmental Protection opens up opportunities for green agriculture".

    Professional dogs participate in searching for missing people in Muong Than commune, Lai Chau. Photo: Dan Chu/Border Guard Newspaper

    Professional dogs participate in searching for missing persons after flash floods in Lai Chau

    |

    Lai Chau - Officials, trainers and nghiệp vụ dogs have participated in coordinating the search for missing people.

    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%.