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EU Prepares Retaliatory Tariffs on US Goods Amid Steel and Aluminum Dispute

The European Union (EU) is preparing firm and proportionate countermeasures in response to the United States’ recent imposition of 25% tariffs on steel and aluminum imports. The move signals a potential escalation in trade tensions between the two longstanding allies, with the EU considering tariffs on €4.8 billion worth of American goods.

On February 10, 2025, President Donald Trump announced the tariffs, citing national security concerns and the need to protect domestic industries. However, the decision has drawn widespread criticism from international partners, including the EU, which views the tariffs as unjustified and harmful to global trade.

European Commission President Ursula von der Leyen expressed deep regret over the US decision, emphasizing that such measures harm businesses and consumers on both sides of the Atlantic. The EU is reportedly considering targeting iconic American products such as bourbon whiskey, motorcycles, and motorboats in its retaliatory measures.

The transatlantic trade relationship, valued at approximately $1.5 trillion, is now at risk of significant strain. Both sides have expressed a preference for negotiation over confrontation, but the current trajectory suggests a challenging path ahead.

As the situation unfolds, the international community is closely monitoring the actions of both the US and the EU, hoping for a resolution that upholds the principles of free and fair trade.

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