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EU to impose counter tariffs on over $28 billion of US goods

March 12, 2025 1:20 AM EDT

FILE PHOTO: Repsol oil refinery complex is seen during the sunset near Tarragona, Spain February 13, 2025. REUTERS/Nacho Doce/File Photo

(Reuters) - The European Union will impose counter tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods from next month in response to U.S. tariffs on steel and aluminium, the European Commission said in a statement on Wednesday.

($1 = 0.9178 euros)

(Reporting by Shubham Kalia in Bengaluru; Editing by Jacqueline Wong)



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