EU Imposes Counter-Tariffs on U.S. Goods Worth €26 Billion

The European Union announced that it will impose counter-tariffs on U.S. goods worth €26 billion starting next month, in response to U.S. tariffs on steel and aluminum. This was stated in an official statement released by the European Commission today, Wednesday.اضافة اعلان

U.S. President Donald Trump had imposed a 25% tariff on steel and aluminum imports, which took effect today.

These tariffs are expected to increase production costs in the United States, potentially leading to higher consumer prices in the future, which could affect the U.S. economy as a whole.