• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 8, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

EU To Implement ‘Trade Countermeasures’ Against US

Comfort Ampomaaby Comfort Ampomaa
April 9, 2025
Reading Time: 4 mins read
Comfort Ampomaaby Comfort Ampomaa
in Europe
0
European Commission logo as EU To Implement ‘Trade Countermeasures’ Against US

European Commission logo

The European Commission has announced that EU members have voted to impose “trade countermeasures” on the US in response to Washington’s tariffs.

European Union member states voted on Wednesday, April 9, 2025, to approve retaliatory tariffs on $23 billion in goods in response to US President Donald Trump’s 25% tariffs on imported steel and aluminum.

Trump’s expanded steel and aluminum tariffs came into effect in March.

RelatedPosts

Meloni Accused Of Gaza Genocide Complicity In ICC Complaint

Macron Urged To Announce Early Elections

Lecornu Resigns After Less Than A Month In Office

The EU tariffs will go into effect in stages, with some on April 15 and others on May 15 and December 1, 2025.

However, the commission emphasised that the duties could be suspended “at any time” if the US agrees to a fair and balanced trade relationship.

It said in a statement, “EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy.”

The targeted goods are a tiny fraction of the 1.6 trillion euros ($1.8 trillion) in US-EU annual trade, which sees some 4.4 billion euros in goods and services cross the Atlantic each day in what the European Commission calls “the most important commercial relationship in the world.”

Head of the EU’s Executive Commission, Ursula von der Leyen, has offered Trump a zero-for-zero tariffs deal on industrial goods including cars.

European Commission President, Ursula von der Leyen as EU To Implement ‘Trade Countermeasures’ Against US
European Commission President, Ursula von der Leyen.

However, Trump has said that’s not enough to satisfy US concerns.

The EU has targeted smaller lists of goods in hopes of exerting political pressure and avoiding economic damage from a wider escalation of tit-for-tat tariffs.

The tariff list hits products such as orange juice, coffee, soya beans, copper, iron, poultry, motorcycles and much more.

Hungary decided not to vote for the retaliatory measures, but the general consensus was to send a strong signal to the Trump administration.

The message is that [European nations] are, first of all, united and strong, and also have the potential, if they are further shunned by the Americans, to sell their products elsewhere.

The measures come after weeks of consultation with industries, lobbying groups and EU member states on how to move forward.

There were calls for much bigger, tougher sanctions in retaliation for the Trump tariffs, but the EU ultimately decided to go for this first step [to leave room for] a potential deal.

The EU is going to convene in May to agree on a second round of retaliatory measures.

EU Members Repeat Preference For Negotiated Deal

Members of the 27-country bloc repeated their preference for a negotiated deal to settle trade issues.

The EU’s Executive Commission said in a statement, “The EU considers U.S. tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy.”

It added that the EU has stated its clear preference to find negotiated outcomes with the US, “which would be balanced and mutually beneficial.”

The EU is also working on a response to Trump’s blanket 20% tariff on all European goods, imposed as part of his sweeping “reciprocal” tariffs imposed on global trading partners.

That could include measures aimed at US tech companies and the services sector as well as trade in goods.

France’s Economic Minister, Eric Lombard said the second package “will take account not only of European imports, but also of other ways in which we can respond.”

Speaking to legislators in the National Assembly in Paris, Lombard added that “the idea is that, with these extremely strong, extremely powerful measures, we can get to the negotiating table on an equal footing, so that both sides of these duties can be lowered and all our economic sectors protected.”

READ ALSO: Absa Bank and GNCCI Champion Business Readiness for 2025 Budget

Tags: Donald TrumpEric LombardEuropean CommissionUrsula von der Leyenzero-for-zero tariffs
Please login to join discussion
Previous Post

Sam George Cracks the Whip on Poor Telecom Services

Next Post

Drake Sets New Record for Most All-Time RIAA Certification Units

[mc4wp_form id="1264"]

Related Posts

Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
Economy

Ghana Seals 4th Debt Agreement with Spain – Ato Forson Targets Completion by Year-End

October 8, 2025
Cardi B Reveals Being Sole Provider for Her Three Children
Entertainment

Offset Admits to ‘Stepping Out’ on Cardi B While Married

October 8, 2025
Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30
Extractives/Energy

Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30 

October 8, 2025
Daniel Yaw Domelovo
General News

Ghana’s Asset Declaration Regime Outmoded – Domelovo Demands Bold Reforms

October 8, 2025
Appiah Kusi Adomako
General News

CUTS Urges Government to Reset Public Service Delivery

October 8, 2025
Former FBI Director, James Comey
USA

Comey Pleads Not Guilty To Charges Of Lying To Congress

October 8, 2025
Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
Economy

Ghana Seals 4th Debt Agreement with Spain – Ato Forson Targets Completion by Year-End

by Evans Junior OwuOctober 8, 2025
Cardi B Reveals Being Sole Provider for Her Three Children
Entertainment

Offset Admits to ‘Stepping Out’ on Cardi B While Married

by Esther Korantemaa OffeiOctober 8, 2025
Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30
Extractives/Energy

Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30 

by Prince AgyapongOctober 8, 2025
Daniel Yaw Domelovo
General News

Ghana’s Asset Declaration Regime Outmoded – Domelovo Demands Bold Reforms

by Evans Junior OwuOctober 8, 2025
Appiah Kusi Adomako
General News

CUTS Urges Government to Reset Public Service Delivery

by Silas Kafui AssemOctober 8, 2025
Former FBI Director, James Comey
USA

Comey Pleads Not Guilty To Charges Of Lying To Congress

by Comfort AmpomaaOctober 8, 2025
Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
Cardi B Reveals Being Sole Provider for Her Three Children
Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30
Daniel Yaw Domelovo
Appiah Kusi Adomako
Former FBI Director, James Comey
[/vc_row_inner]

Recent News

  • Ghana Seals 4th Debt Agreement with Spain – Ato Forson Targets Completion by Year-End
  • Offset Admits to ‘Stepping Out’ on Cardi B While Married
  • Ghana and Brazil Forge Strong Climate Alliance Ahead of COP30 
  • Ghana’s Asset Declaration Regime Outmoded – Domelovo Demands Bold Reforms
  • CUTS Urges Government to Reset Public Service Delivery
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.