EU Prepares to Combat Trump’s Tariffs with $28 Billion in Tariffs on US Imports

In a strategic move, the European Union is poised to unite in response to recent tariff actions imposed by the United States. As reported on April 6th, EU leaders are considering a set of targeted tariffs impacting US imports valued at approximately $28 billion. This list may include consumer goods such as dental floss and diamonds, among others. The European Commission plans to present an updated catalog of US products that will face additional tariffs, further intensifying trade tensions. Scheduled for Monday evening, a key meeting in Luxembourg will bring together trade ministers from 27 member states to deliberate the ramifications of the tariffs. EU officials emphasize that the objective of this assembly is to advocate for negotiations with the US, while simultaneously signaling readiness for retaliatory actions should dialogue prove ineffective.