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%.

Commune chairman may be allowed to decide on the rental price of surplus public land and houses

|

The Ministry of Finance proposes stronger decentralization in the management of redundant public land and houses, the Chairman of the commune can decide the rental price for assets under management.

Hanoi's first specialized school announces benchmark scores for 10th grade in 2026

|

On June 1st, the High School for Gifted Students in Science announced the benchmark scores for 10th grade in 2026.

Pregnant woman dies in Ho Chi Minh City: Establishing a professional council to determine the cause

|

Ho Chi Minh City - A pregnant woman died during a cesarean section at a hospital in Thu Dau Mot ward.

Stock market liquidity declines

|

The stock market is in a period of lack of supporting information, causing many investors to choose to stand aside, and liquidity accordingly decreased sharply.

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%.