Name: EU to Impose Counter Tariffs on $28 Billion Worth of US Goods
Uploaded: 2025-03-12T18:40:31.000Z
Description: The European Union responded on March 12 to U.S. President Donald Trump’s tariffs by targeting 26 billion euros ($28 billion) worth of American goods with countermeasures set to take effect next month.

Stefania Cox is an NTD News anchor and national correspondent based at the network's global headquarters in New York City. Stefania anchors "NTD Newsroom," and co-anchors "NTD News Today" weekdays at 10:00 am ET.

Stefania Cox

Cary Dunst is the news anchor for NTD Evening News. He is also the co-host of NTD Good Morning.


Cary Dunst

NTD Plus

News

We present news that is truthful and based on facts, outside of the political fog. Instead of focusing on the negative things happening around us, our mission is to give our viewers a good morning with empathetic and uplifting stories. Our aim is to provide an antidote to negativity by shining a light on the best side of people. We speak to inspiring people who positively impact communities, pursue topics that represent our common human values, and will never miss an opportunity to bring you heartwarming stories.

NTD Good Morning

Smart Spending: How to Save on Summer Travel

UAE Suffered More Iranian Missiles Than Israel, Paving Way for Iron Dome: Analyst

NTD Newsroom comprises teams of reporters, editors, and producers assigned to cover breaking news and other stories.


NTD Newsroom

Washington Event to Rededicate US as ‘One Nation Under God’

Best-Selling Author Concerned Christians May Be Next in China’s State-Sanctioned Organ Trade

Jason Perry is an Army veteran and NTD's National Security Correspondent based at the network's global headquarters in New York City. Jason primarily covers border security, national defense, foreign wars, and veterans' issues.

Jason Perry

Pentagon Paves the Way to Buy 10,000 Containerized Missiles

US Reports No Hantavirus Cases From Cruise Outbreak

Juliette Fairley is a freelance reporter for NTD and The Epoch Times and a graduate of Columbia University’s Graduate School of Journalism. Born in Chateauroux, France, and raised outside of Lackland Air Force Base in Texas, Juliette is a well-adjusted military brat. She has written for many publications across the country. Send Juliette story ideas at JulietteFairley@gmail.com

Juliette Fairley

Daniel Monaghan is a reporter for NTD News covering culture, social issues, and education. He holds a BA in Political Science and Government.

Daniel Monaghan

US News

Politics

Executive Branch

Rubio: China is ‘Top Geopolitical Challenge’

The Associated Press is an American not-for-profit news agency headquartered in New York City. 

The Associated Press

Jury Awards $49.5 Million to Family of Woman Killed in 2019 Boeing Max Crash

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."

Andrew Moran

China News

Trump Departs China After 2-Day Talks With Xi

Haika Mrema

Medical Plane Crash in New Mexico Mountains Kills 4, Sparks Wildfire

Accommodating, Enabling China’s Regime a Failed Strategy: China Expert

NTD Good Morning Full Broadcast (May 15)

NTD Good Morning Full Broadcast (May 14)

Kevin Hogan is an NTD News data reporter and national correspondent based at the network's global headquarters in New York City. Kevin covers breaking news, as well as U.S. and global current events. He conveys the news through data visualizations and investigates pressing issues.

Kevin Hogan

NTD Good Morning Full Broadcast (May 13)

NTD Good Morning Full Broadcast (May 12)

President Trump Leaves for China Today; Calif. Mayor to Plead Guilty to Acting as CCP Agent | NTD Good Morning (May 12)

NTD Good Morning Full Broadcast (May 8)

NTD Good Morning Full Broadcast (May 7)

NTD Good Morning Full Broadcast (May 6)

NTD Good Morning Full Broadcast (May 5)

Fast, compelling, first-hand news from China. China in Focus airs Monday–Friday at 8 p.m. ET.

China in Focus

China Sends Warships to Pacific Drill as Tensions With Japan Rise

Reuters is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages.

Reuters

2 US Embassy Personnel Assigned to Cartel Case Killed in Car Accident

Gunman Kills 8 Children, Including 7 of His Own, in Louisiana Mass Shooting

Flora Hua is a reporter based at NTD's global headquarters in New York City, where she covers China news, U.S.-China relations, and human rights issues. Flora primarily contributes to NTD's "China in Focus."  

Flora Hua

Trump: Seized Iranian Ship May Have ‘A Gift From China’

Joseph Lord is a congressional reporter for The Epoch Times.


Joseph Lord

Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.

Aldgra Fredly

Former NYC Mayor Rudy Giuliani Hospitalized in Critical Condition: Spokesman

Wildfires Across Georgia and Florida Have Destroyed Nearly 50 Homes and Are Forcing Evacuations

News you can trust from the U.S. and around the world. Critical information and insight. We cover the stories that others don’t. NTD News Today airs Monday–Friday at 11 a.m. ET.

NTD News Today

US Warns of China Hacks via Routers, Smart Devices

Juliet Song is an international correspondent exclusively covering China news for NTD. She primarily contributes to NTD's "China in Focus," covering U.S.-China relations, the Chinese regime's human rights abuses, and domestic unrest inside China.

Juliet Song

2 Americans Among Suspected Communist Rebels Killed in Clashes With Troops, Philippine Officials Say

Ryan Morgan is a reporter for The Epoch Times focusing on military and foreign affairs. He was previously a news writer for NTD. 


Ryan Morgan

Mari Otsu is NTD's White House correspondent based in Washington. 

Mari Otsu

World News

Middle East

Iran

3 US Warships Fend Off Iranian Attacks, Trump Says Ceasefire Still Holds

Health News

3 Dead in Suspected Hantavirus Outbreak on Cruise Ship in Atlantic Ocean: WHO

The European Union responded on March 12 to U.S. President Donald Trump’s tariffs by targeting 26 billion euros ($28 billion) worth of American goods with countermeasures set to take effect next month.

The EU said the tariffs will <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_25_740" target="_blank" rel="nofollow noopener">apply</a> to industrial-grade steel and aluminum, as well as semi-finished and finished steel and aluminum products, including derivative commercial goods ranging from machinery parts to knitting needles.

“We regret the unjustified US 25% tariff on steel and aluminium imports,” the EU Commission <a href="https://x.com/eu_commission/status/1899712933850231180?s=46&t=wl3ToZihnI9ldKmBBpLdFQ" target="_blank" rel="nofollow noopener">said</a> in a post on the social media platform X. “We are launching swift, proportionate countermeasures worth up to €26 billion, matching the economic impact of the US tariffs.”

Trump’s 25 percent tariffs on all steel and aluminum imports <a href="https://www.theepochtimes.com/business/us-tariffs-on-steel-aluminum-take-effect-5823965" target="_blank" rel="nofollow noopener">went into effect</a> shortly after midnight on March 12.

The president announced last month that he was introducing new standards requiring steel to be “melted and poured” and aluminum to be “smelted and cast” in North America to prevent countries like China from circumventing trade restrictions.

Trump said the purpose is to stop other nations from taking advantage of the United States, bolster domestic production, and bring jobs back to the U.S. economy.

“This is a big deal, the beginning of making America rich again,” Trump told reporters at the Oval Office on Feb. 10. “Our nation requires steel and aluminum to be made in America, not in foreign lands.”
<h2>Negotiations</h2>
In a March 12 <a href="https://x.com/vonderleyen/status/1899724243287302452" target="_blank" rel="nofollow noopener">post</a> on X, President of the European Commission Ursula von der Leyen said: “We deeply regret the US tariffs imposed on Europe.”

She said that tariffs are taxes and “are bad for business, and even worse for consumers.”

“Today Europe takes strong but proportionate countermeasures,” she added. “We remain ready to engage in dialogue.”

The European Commission said it will end its current suspension of tariffs on U.S. products on April 1 and that its tariffs will be fully in place by April 13.
<h2>Canada</h2>
On March 10, Trump said on Truth Social that <a href="https://www.theepochtimes.com/business/us-tariffs-on-steel-aluminum-take-effect-5823965" target="_blank" rel="nofollow noopener">he would raise tariffs</a> on Canadian aluminum and steel imports to 50 percent.

Trump’s announcement came after Ontario Premier Doug Ford slapped a 25 percent surcharge on electricity exports to some U.S. states and threatened to cut off their electricity.

Following a “productive conversation about the economic relationship” between the North American neighbors with Commerce Secretary Howard Lutnick, Ford confirmed on March 11 that he would suspend the 25 percent tax.

On Tuesday, Trump’s <a href="https://www.reuters.com/markets/us/trump-adviser-says-50-tariffs-canadian-steel-aluminum-wont-take-effect-wednesday-2025-03-11/" target="_blank" rel="nofollow noopener">trade adviser Peter Navarro</a> confirmed the 50 percent tariffs on Canadian steel and aluminum will not take effect on Wednesday.

Instead, the original 25 percent tariffs were imposed.

Philip K. Bell, the president of the Steel Manufacturers Association, applauded Trump’s tariffs.

“President Trump understands that America’s steel industry is the backbone of our economy,” he <a href="https://steelnet.org/steel-manufacturers-association-welcomes-tariff-on-steel-imports/" target="_blank" rel="nofollow noopener">said</a> in a statement last month. “A thriving domestic steel industry is critical to U.S. national, energy and economic security.”

The United Steelworkers (USW) International leadership offered mixed feedback.

While the group supports Trump’s efforts to halt global overcapacity, it disapproves of targeting “trusted trade partners, like Canada.”

“Our union welcomes President Donald Trump’s efforts to contain the global overcapacity that has for too long enabled bad actors like China to flood the global market with its unfairly traded products, resulting in surging imports into the United States, especially from Mexico,” USW International president David McCall <a href="https://usw.org/press-release/usw-opposes-canadian-tariffs-welcomes-efforts-to-contain-global-overcapacity/" target="_blank" rel="nofollow noopener">said</a> in a Feb. 10 statement.

<em>Andrew Moran and Reuters contributed to this report.</em>

<em>From <a href="https://www.theepochtimes.com/world/eu-to-impose-counter-tariffs-on-28-billion-worth-of-us-goods-5824066">The Epoch Times</a></em>

Latest

Business News

04_Top Stories

Premium Picks

Europe

Management

Latest Clips

Owen Evans is a UK-based journalist covering a wide range of national stories, with a particular interest in civil liberties and free speech.

Owen Evans

02_Second Lead

Donald Trump

Latest and breaking news, documentaries, movies, and lifestyle content on NTD+.
 
Empower your knowledge and elevate your spirit with NTD+, your go-to destination for truthful news, insightful documentaries, and captivating lifestyle content that enriches your life.