The tariffs will be introduced in threephases starting April 15 and cover a wide range of American exports, theEuropean Commission said in a statement.
A second phase, due to take effect onMay 16, will target $14.8 billion in goods such as poultry, beef, wheat,clothing and household appliances. A final round, scheduled for December 1,will apply duties on $3.8 billion worth of products including soybeans andalmonds.
The US tariffs, introducedby President Donald Trump, include a 25% duty on imported metals and a 20%levy on a broad range of other European goods.
In Washington, Republican Senator ChuckGrassley on Tuesday introduced the Trade Review Act of 2025, a bill that wouldrequire congressional approval within 60 days for any new tariffs to remain ineffect.
Trade analysts warned that the disputebetween two of the world’s largest economies could disrupt supply chains andcontribute to inflationary pressures. “Prolonged tariff battles typicallyintroduce uncertainty into markets and can affect both consumer prices andinvestment decisions,” said Carla Morgan, senior economist at Global TradeWatch.
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