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LINK $9.48 +1.24%
HYPE $58.86 +2.84%
AAVE $88.48 +3.01%
SUI $0.6749 +0.68%
XLM $0.1573 +0.55%
ZEC $512.58 +5.45%

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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