EU to impose tariffs on U.S. Imports starting April 15

The EU’s tariffs on U.S. Imports, particularly affecting metal and automotive sectors, mark a significant response to earlier U.S. Actions during the Trump era. EU officials expressed readiness for negotiations but warned of further countermeasures if necessary.

Following the tariff announcement, the S&P 500 saw a 1.3% decline, signaling investor concerns. The EU plans to closely monitor imports and assess the situation, with potential future actions depending on negotiation outcomes.