Photo by Marco
Brussels, March 17, 2025 – The European Union has announced strong but measured countermeasures in response to new US tariffs on steel and aluminum, underscoring the need for a balanced trade relationship and open dialogue between the two economic powers.
President Ursula von der Leyen:
“The trade relationship between the European Union and the United States is the largest in the world, driving prosperity and security for millions. Trade has created millions of high-quality jobs on both sides of the Atlantic. However, as of this morning, the United States has imposed a 25% tariff on steel and aluminum imports. We deeply regret this decision.
Tariffs are, at their core, taxes—harmful to businesses and consumers alike. They disrupt supply chains, create economic uncertainty, and put jobs at risk. Prices will rise, affecting people on both sides of the Atlantic. No one benefits from this situation.
The European Union must act to safeguard its businesses and consumers. Our countermeasures, while firm, remain proportionate. Since the US tariffs impact goods worth $28 billion, our response targets $26 billion in American exports.
These measures will be rolled out in two phases—starting on April 1 and fully implemented by April 13. However, we remain open to negotiations at any time.
In a world of increasing geopolitical and economic uncertainty, it is not in our mutual interest to burden our economies with tariffs. We are ready to engage in meaningful discussions. I have tasked Trade Commissioner Maroš Šefčovič with resuming talks to explore better solutions with the United States.”
Commissioner Maroš Šefčovič:
“Thank you, President von der Leyen.
I share the disappointment over the US decision. These tariffs take us in the wrong direction for multiple reasons. The EU-US trade partnership is balanced and highly beneficial for both sides. In the steel and aluminum sectors, we face shared challenges—such as global overcapacity caused by non-market practices—and the European Union has always been part of the solution, not the problem.
During my recent visit to Washington, I made it clear that the European Union should not be the target of such tariffs. Unfortunately, despite our efforts to avoid escalation, today’s measures leave us with no choice but to respond.
As of April, we will reinstate previously suspended rebalancing measures from 2018 and 2020, impacting $4.5 billion worth of US exports. Additionally, the Commission is preparing a second package of countermeasures, covering $18 billion in American goods.
Over the next two weeks, we will consult with key stakeholders to ensure our approach is targeted and minimizes the impact on European businesses and consumers. Our goal remains to restore fair trade conditions while keeping the door open for negotiations.
Under President von der Leyen’s leadership, I am ready to engage in discussions. The EU stands ready to reach a fair and mutually beneficial agreement with the United States.”
