EU Commission proposes 25 per cent counter-tariffs on some US imports

The European Commission proposed counter-tariffs of 25 per cent on a range of US goods on Monday in response to President Donald Trump’s tariffs on steel and aluminium, a document seen by Reuters showed.

The tariffs on some goods will come into effect May 16 and others later in the year, on December 1, the document said. The goods are wide-ranging and include diamonds, dental floss, sausages, nuts and soybeans.