Brief by Shorts91 Newsdesk / 04:49pm on 09 Apr 2025,Wednesday International
The European Union has announced new tariffs on $23 billion worth of US goods. This is in response to the 25% tariffs that former US President Donald Trump placed on EU steel and aluminum exports. "If the US raises restrictions, we will fight to the end," China’s commerce ministry said, as China also imposed high tariffs on US goods. The EU tariffs will start in April and target products from key American states, including soybeans, poultry, and motorcycles. US Treasury Secretary Scott Bessent called China's move "unfortunate" and urged Beijing to negotiate. (PC: Reuters)
