The US tariffs, which came into effecton Wednesday, include a 25% levy on steel, aluminium, and vehicles, as well asa 20% tariff on other exports from the EU. The duties affect approximately 70%of the EU’s exports to the United States, which totaled $585 billion in 2024.
Von der Leyen also raised concernsabout geopolitical instability, citing Russia’s continued involvement inUkraine. She is scheduled to meet Prime Minister Starmer in London on April 24at an energy security summit.
Meanwhile, EU trade ministers will meetin Luxembourg on Monday to assess the economic impact of the US measures and todiscuss the scope of the EU’s response. Goods potentially targeted includecopper, semiconductors, pharmaceuticals, and timber.
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