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In a move likely to escalate trade tensions, President Donald Trump is expected to unveil a flat, double-digit tariff on all European Union (EU) goods as part of his promised “reciprocal tariffs” on April 2, 2025. According to EU diplomats briefed on a recent meeting between European trade chief Maroš Šefčovič, U.S. Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer, the tariffs are expected to take effect at midnight on April 3, 2025.
Though the final rate is still uncertain, sources suggest the tariff could be as high as 20 to 25 percent, based on existing trade barriers the EU imposes on U.S. exports, including non-tariff barriers. The tariffs would be additive, meaning they would be layered on top of existing tariffs on steel, aluminum, and other industries like automobiles and pharmaceuticals. The U.S. administration views these tariffs as part of broader negotiations, with a promise to target additional industries later in April, including semiconductors and automotive products.
The move comes after the EU announced its own tariffs on approximately $28 billion worth of U.S. goods in retaliation for the Trump administration’s 25 percent tariff on steel and aluminum. Trump, who has been vocal in his criticism of the EU, argues that it has unfairly benefited from economic policies that disadvantage the U.S.
Diplomats warn that the new tariffs are likely to be part of a broader strategy, with no immediate relief in sight. While there is little the EU can do to avoid the tariffs, European leaders are bracing for the impact, especially as sectors like automotive may be specifically targeted.
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