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%.

Fearing high gasoline prices, many people queue for 30 minutes to fill up their tanks

|

Before the information that gasoline and oil prices may increase due to the impact of the Middle East conflict, many Hanoi residents took the opportunity to queue to fill up their tanks.

Ho Chi Minh City expects the 10th grade entrance exam schedule on the 1st and 2nd of June

|

The Ho Chi Minh City Department of Education and Training submitted to the Ho Chi Minh City People's Committee a plan to organize the 10th grade exam in 2026 on June 1st and 2nd.

Forecast for tomorrow's gasoline and oil prices to increase sharply, increasing to a maximum of 3,220 VND/liter

|

It is predicted that gasoline and oil prices may increase sharply from 1,207 - 3,220 VND/liter in this week's price adjustment session.

The State Bank continues to request credit institutions to publicly disclose lending interest rates

|

Deputy Governor Pham Thanh Ha said that the State Bank will continue to require credit institutions to publicize lending interest rates.

Iranian ship attacked by submarine, at least 101 people missing

|

At least 101 people are missing after a submarine attacked an Iranian ship, the Sri Lankan navy reported.

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%.