The European Union is implementing countermeasures in response to the U.S. tariffs on steel and aluminum, which began on Wednesday. Existing tariffs on EU products will resume on April 1, affecting items like boats and bourbon, alongside new measures to be introduced by mid-April after consultations with stakeholders. The EU’s actions, targeting U.S. exports worth approximately 26 billion euros, aim to match the economic impact of the U.S. tariffs. The European Commission deems the U.S. tariffs unjustified but remains open to negotiations to resolve the issue.

Source: https://www.supplychaindive.com/news/eu-steel-aluminum-tariff-response-trump/742277/