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%.

    Fire scene at Phuc Tien Fishing Port, Dam Ha commune, Quang Ninh province. Photo: Dieu Hoang

    Fire in the early morning at a fishing port in Quang Ninh, 19 vehicles damaged

    |

    Quang Ninh - The fire occurred in the early morning in the Phuc Tien fishing port area, Dam Ha commune, causing damage to 19 boats and engines of many individuals and organizations.

    Thang Long high-speed train is turning back to Vung Tau due to an incident on the morning of August 1. Photo: Thanh An

    Temporarily suspending the Vung Tau - Con Dao high-speed train route due to technical problems

    |

    Ho Chi Minh City - Due to a technical incident during operation, the Thang Long high-speed train operating the Vung Tau - Con Dao route had to temporarily stop operating from August 1.

    Actor Long Vu and artist Van Dung co-star in a movie for the first time. Photo: VFC

    Long Vu recounted that he used to shine shoes, earn money early, and give 60% of his income to his mother, artist Van Dung

    |

    Born into a family that grew up from scratch, artist Van Dung's son soon learned how to cherish the value of money.

    Politburo Member, Minister of Foreign Affairs Le Hoai Trung delivered the opening speech at the conference. Photo: Hai Nguyen

    Ministry of Foreign Affairs strongly shifts strategic advisory work, establishes theoretical council

    |

    Some new approaches in the coming time discussed at the 33rd Diplomatic Conference include the establishment of a Theoretical Council of the Ministry of Foreign Affairs.

    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%.