70% of EU exports to be impacted by tariffs.
3 April 2025
EU officials have said some €380 billion worth of EU exports will be hit by US President Donald Trump's array of tariffs, amounting to some 70% of all EU exports to the US.
The bloc will imminently retaliate against Trump's 25% tariffs on steel and aluminium, but will take time to analyse the impact of last night’s range of reciprocal tariffs before deciding on further countermeasures.
The bloc will imminently retaliate against Trump's 25% tariffs on steel and aluminium, but will take time to analyse the impact of last night’s range of reciprocal tariffs before deciding on further countermeasures.