The European Union has announced that it will implement retaliatory measures worth 26 billion euros in response to the additional customs duties imposed by the United States. The European Union (EU) Commission stated that the new steel and aluminum tariffs imposed by the US were deemed unfair, leading to the initiation of “swift and proportionate” retaliatory measures. The statement highlighted that the US tariff decision would disrupt transatlantic trade, harm businesses and consumers, and result in higher prices. The Commission’s statement indicated that the new tariffs would be carefully calibrated in two stages, with the first stage involving the activation of previously prepared and suspended retaliatory measures targeting a range of US products worth 8 billion euros set to come into effect on April 1. The statement also mentioned that the second stage would include new measures in response to US tariffs affecting over 18 billion euros worth of EU exports, set to come into effect on April 13. It was stated in the announcement that the retaliatory measures would target US products worth 26 billion euros, corresponding to the economic scope of US tariffs. It was also emphasized that the EU is ready to negotiate a solution and would retract the measures if the issue is resolved. The US imposed a 25% tariff on steel and aluminum imports on March 12.