EU to start imposing tariffs on US imports on 15 April

BlockBeats News, 7 April,, The European Union will impose the first batch of tariffs on U.S. imports from 15 April and the second batch of tariffs from 15 May, European Commission Vice-President Šefčovič said. The EU is imposing tariffs on the US in response to the Trump administration's decision to impose tariffs on steel, aluminium and cars and a flat 20% tariff on other goods. In addition, the EU will set up an import surveillance working group to monitor the possible diversion of goods as a result of the USA tariffs. ‘This is a major turning point for the United States,’ said European Commission President Von der Leyen. ‘Nevertheless, we stand ready to negotiate with the United States.’ (Golden Ten)