EU to impose counter tariffs on over $28 billion of US goods

Containers in the Port of Rotterdam are seen in Rotterdam, Netherlands, November 1, 2022. REUTERS
The commission said it will end the current suspension of tariffs on U.S. products on April 1 and will also put forward a new package of countermeasures on U.S. goods by mid-April.
"This matches the economic scope of the U.S. tariffs. Our countermeasures will be introduced in two steps. Starting with 1 April and fully in place as of 13 April," Ursula von der Leyen, president of the European Commission, said in a statement.
"We are ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maros Sefcovic to resume his talks to explore better solutions with the U.S.," von der Leyen added.
U.S. President Donald Trump's increased tariffs of 25% on steel and aluminium imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.
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