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BCH $257.51 -1.05%
LINK $12.59 -1.17%
HYPE $84.34 -1.33%
AAVE $129.47 -2.01%
SUI $0.8156 -1.32%
XLM $0.1892 -1.75%
ZEC $1,150.92 -0.35%

The EU has approved a countermeasure plan against US tariffs totaling 93 billion euros

2025-07-24 16:28:29

ChainCatcher news, according to Jinshi reports, on that day, EU member states voted to approve a measure to impose counter-tariffs on U.S. products totaling €93 billion.

The day before, a spokesperson for the European Commission stated on July 23 that the EU plans to merge two lists of retaliatory tariffs on U.S. export goods into a single unified list totaling €93 billion. This list mainly involves high-value industrial products such as aircraft, automobiles, and electrical equipment. The total amount of the package of retaliatory tariffs formed by the two lists reaches €93 billion. European Commission spokesperson Olov Gill stated on July 23 that if negotiations with the U.S. break down, the countermeasures will take effect on August 7.

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