EU imposes $28 billion tariffs on U.S. exports

The European Union announced retaliatory tariffs on U.S. exports totaling about $28 billion, set to take effect on April 1. This response follows U.S. tariffs on European goods, escalating the ongoing trade conflict. The EU's decision comes amid concerns over the impact of U.S. trade policies on the global economy. European officials expressed a willingness to negotiate with the Trump administration despite the tensions. China has not directly responded to the U.S. tariffs but indicated it would take measures to protect its interests. The U.S. tariffs on steel and aluminum could affect various industries, including car manufacturing.