EU member states have approved a preliminary list of tariffs on U.S. goods, allowing the EU to impose tariffs on some products as early as next week. The 27 EU member states voted on Wednesday to pass a revised new list that was revised based on feedback from member states. A range of commodities ranging from soy to orange juice are within the EU's attack range. American whiskey has been removed from the list, a move aimed at protecting EU beverage manufacturers. The vote cleared a key hurdle for the European Commission, the executive body that oversees EU trade policy on behalf of member states, responding to the massive tariffs imposed by Trump. The European Commission said the tariffs will start from April 15. "If the United States agrees to a fair and balanced negotiation outcome, these countermeasures can be suspended at any time," the European Commission said in a statement Wednesday.
EU passes countermeasures against the US 25% tariff
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04-09 21:06
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