The European Union’s 27 member states are poised to approve a wide-ranging list of American products to be targeted with tariffs, beginning next week, as a direct response to the 25 percent tariff imposed by the US on European steel and aluminum last month.
The European tariffs will be implemented in three stages.
The first stage, scheduled to begin on Tuesday, April 15, involves imposing 25 percent tariffs on an initial list of goods, including motorcycles, luxury boats, and orange juice, though originally bourbon, wine, and dairy products were listed, they were removed due to lobbying by the European wine industry. The initial implementation was delayed from April 1 to allow for negotiation, but President Trump immediately rejected a tariff-free agreement proposed by European Commission President Ursula von der Leyen.
The second phase, which includes textiles, leather goods, eggs, dental floss, and poultry, is set to begin in mid-May.
The third phase is scheduled for December 1, and will see countermeasures introduced on American soy and almond products, and soybeans, a key component in animal feed, represent the highest export value among US agricultural products shipped to Europe.
These European countermeasures do not apply to new US tariffs of 20 percent on EU imports, which came into effect today, however, the European Commission is developing additional countermeasures that could be announced as early as next week.