The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.
The tariffs on some goods will take effect May 16 and others later in the year, on December 1, the document said.
The goods are wide-ranging and include diamonds, eggs, dental floss, sausages and poultry. The counter-tariffs on almonds and soybeans will take effect on December 1.
EU trade chief Maros Sefcovic said earlier on Monday the counter-tariffs would have less impact than the previously announced 26 billion euros ($28.45 billion).
Bourbon, wine and dairy have been removed from the original list the Commission was weighing in March.
The Commission had earmarked a 50% tariff on bourbon, which had prompted Trump to threaten a 200% counter-tariff on EU alcoholic drinks if the bloc went ahead.
Trump's threat worried France and Italy in particular owing to their significant wine industries.
In addition to these counter-tariffs, the EU already tightened existing safeguards on steel on April 1 to reduce imports by 15%. The Commission is also looking at import quotas for aluminium.
EU member states are due to vote on this proposal on April 9.
The tariffs on some goods will take effect May 16 and others later in the year, on December 1, the document said.
The goods are wide-ranging and include diamonds, eggs, dental floss, sausages and poultry. The counter-tariffs on almonds and soybeans will take effect on December 1.
EU trade chief Maros Sefcovic said earlier on Monday the counter-tariffs would have less impact than the previously announced 26 billion euros ($28.45 billion).
Bourbon, wine and dairy have been removed from the original list the Commission was weighing in March.
The Commission had earmarked a 50% tariff on bourbon, which had prompted Trump to threaten a 200% counter-tariff on EU alcoholic drinks if the bloc went ahead.
Trump's threat worried France and Italy in particular owing to their significant wine industries.
In addition to these counter-tariffs, the EU already tightened existing safeguards on steel on April 1 to reduce imports by 15%. The Commission is also looking at import quotas for aluminium.
EU member states are due to vote on this proposal on April 9.
You may also like
Ex-Odisha CM Naveen Patnaik demands strict action against attack on BJD legislator
Govt likely to file review petition on SC order on setting timeframe for Prez to decide on bills
Newcastle thrash sorry Man Utd as Ruben Amorim oversees another new low - 5 talking points
Sunita Ahuja Walks Off After Paps Question About Govinda During Event, Sparks Divorce Rumours Again (VIDEO)
Gary Neville brutally shut down in new TV punditry role after making bold Arsenal argument