The EU says that its countermeasures at Trump prices will come into force on April 1

The major trade partners of Brussels (AP) quickly retaliated against President Donald Trumps, increased tariffs on aluminum and steel imports, imposing new rigid taxes on American products, textiles and water heaters with beef and Bourbon.

Canada, the largest supplier of steel and aluminum in the United States, said on Wednesday that it would place 25% of reciprocal prices on steel products and also increase taxes on a multitude of items: tools, computers and servers, posting monitors, sports equipment and cast iron products.

Steel on coil cars before transport to the main factory of the steel producer in difficulty Thyssenkrupp in Duisburg, Germany, Tuesday February 4, 2025. (AP photo / Martin Meissner, file)

Steel on coil cars before transport to the main factory of the steel producer in difficulty Thyssenkrupp in Duisburg, Germany, Tuesday February 4, 2025. (AP photo / Martin Meissner, file)

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Through the Atlantic, the European Union will raise prices on American beef, poultry, bourbon and motorcycles, bourbon, peanut butter and jeans.

Together, the new prices will cost companies of billions of dollars and will further increase uncertainty in two of the main commercial partnerships in the world. Companies will take losses and earn less profits, more likely, transmit costs to consumers in the form of higher prices.

Prices will increase, in Europe and the United States, and jobs are at stake, said the president of the European Commission, Ursula von der Leyen.

We deeply regret this measure. Prices are taxes. They are bad for business, and even worse for consumers, said Von Der Leyen.

President Donald Trump officially increased prices on all imports of steel and aluminum to 25% on Wednesday, promising that taxes would help create jobs in the American factory at a time when his pricing threats are shaking the stock market and fearing an economic slowdown.

EU tasks are targeting pressure points in the United States while minimizing additional damage to Europe. EU officials have clearly indicated that pricing taxes on imports are intended for products manufactured in republican held states, such as beef and poultry in Kansas and Nebraska and wooden products from Alabama and Georgia. Prices will also strike blue states such as Illinois, American producer No. 1 of soy, which are also on the list.

Spirit producers have become collateral damage in the dispute on steel and aluminum. The move of the EU is deeply disappointing and seriously undermines the efforts successful to rebuild the exports of American minds in the EU countries, said Chris Swonger, chief of the council distilled of spirits. The EU is a major destination for American whiskey, exports that increased by 60% in the last three years after the suspension of a previous prices.

The AP correspondent, Charles de Ledesma, reports that the largest commercial block in the world, the EU, awaited American prices and prepared in advance, but the measures always exert a great pressure on the already tense transatlantic relations.

Could there be an agreement that removes the growing table prices?

Von der Leyen said in a statement that the EU will always remain open to negotiations.

The new Prime Minister of Canadas, Mark Carney, said on Wednesday that he was ready to meet Trump if he shows respect for Canadian sovereignty and was willing to adopt a common approach, a much more complete approach to trade.

Carney, who will be sworn in Friday, said that workers in both countries will be better off when the world's largest economic and security partnership in the world will be renewed. It is possible.

We firmly believe that in a world loaded with geopolitical and economic uncertainties, it is not in our common interest to lower our savings with prices, she said.

The US Chamber of Commerce has said that US prices and EU countermeasures would only harm jobs, prosperity and security on both sides of the Atlantic. The two parties must defuse and find a negotiated result urgently, the room announced on Wednesday.

Bourbon barrels with a product are seen inside the Brough Brothers distillery in Louisville, Ky., Saturday March 8, 2025. (AP photo / Jon Cherry)

Bourbon barrels with a product are seen inside the Brough Brothers distillery in Louisville, Ky., Saturday March 8, 2025. (AP photo / Jon Cherry)

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Trump slapped similar prices on EU steel and aluminum during his first mandate, which rapped European and others allies. The EU also imposed countermeasures in retaliation at the time, increasing the rates on motorcycles manufactured in the United States, bourbon, peanut butter and jeans, among other articles.

This time, the action of the EU will imply two stages. On April 1, the Commission will repimulate taxes which were in force of 2018 and 2020, but which were suspended under the Biden administration. On April 13, additional rights targeting 18 billion euros ($ 19.6 billion) in US exports to the block.

EU’s commerce commissioner Maro Efovi went to Washington last month to leave the prices, meeting the US Secretary for Trade Howard Lutnick and other senior trade officials.

Commerce secretary Howard Lutnick is expressed with journalists after President Donald Trump approached a joint session of the Congress in Capitole in Washington, Tuesday March 4, 2025. (AP Photo / Ben Curtis)

Commerce secretary Howard Lutnick is expressed with journalists after President Donald Trump approached a joint session of the Congress in Capitole in Washington, Tuesday March 4, 2025. (AP Photo / Ben Curtis)

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He said on Wednesday that he had become clear during the trip that the EU was not the problem.

I argued to avoid the unnecessary burden on measures and countermeasures, but you need a partner for this. You need both hands to applaud, Efovi told European Parliament in Strasbourg, France.

Canada is imposing, at 12:01 pm Thursday 25% of reciprocal prices on steel products worth 12.6 billion Canadian dollars (8.7 billion US dollars) and aluminum products worth $ 3 billion (2 billion US dollars) as well as additional American goods worth $ 14.2 billion Canadians ($ 9.9 billion) for a total of $ 29.8 billion (20 billion US dollars.).

The list of additional products affected by counter-tariffs includes tools, computers and servers, display monitors, water heaters, sports equipment and cast iron products.

These prices are added to Canadas at 25% against prices on $ 30 billion Canadian dollars ($ 20.8 billion) of imports from the United States which was set up on March 4 in response to other Trump prices that HES delayed by one month.

Soupperie of European steel companies for losses

The EU could lose up to 3.7 million tonnes of steel exports, according to the Eurofer European Steel Association. The United States is the second largest export market for EU steel producers, representing 16% of total EU steel exports.

The EU estimates that the annual commercial volume between the two parties amounts to around 1.5 billion of dollars, which represents around 30% of world trade. Although the block has a surplus of substantial export in goods, it says that this is partly compensated by the American surplus in the trade in services.

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MCHUL has reported to Frankfurt and Gillies de Toronto. Jill Lawless contributed to this London report.

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A previous version of this story has been corrected to show that the title of Maro Efovi is the EU trade commissioner, not the vice-president of the European Commission.

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