double-skinned crabsVietnamese crab exportergood crabexellent crab

EU Readies ‘Countermeasures’ If Tariff Deal with US Falls Apart

Associated Press
June 2, 2025 | 8:27 pm
SHARE
Police cars stand outside EU headquarters in Brussels, Sept. 30, 2022. (AP Photo/Virginia Mayo)
Police cars stand outside EU headquarters in Brussels, Sept. 30, 2022. (AP Photo/Virginia Mayo)

Brussels. The European Union said Monday it is preparing “countermeasures” against the United States after a surprise move by the Trump administration to impose steep steel tariffs rattled global markets and complicated ongoing trade negotiations between Brussels and Washington.

EU Commission President Ursula von der Leyen and US President Donald Trump agreed last week to “accelerate talks” toward a trade agreement. But if those talks fail, “we are also prepared to accelerate our work on the defensive side,” European Commission spokesperson Olof Gill said at a press conference in Brussels.

“In the event that our negotiations do not lead to a balanced outcome, the EU is prepared to impose countermeasures, including in response to this latest tariff increase,” Gill said.

ADVERTISEMENT

He added that the EU is finalizing an “expanded list of countermeasures” that would “automatically take effect on July 14 or earlier.” That date marks the end of a 90-day pause on mutual tariffs intended to facilitate negotiations. Midway through that period, Trump announced a 50 percent tariff on steel imports.

Trump’s return to the White House has brought an aggressive wave of tariff activity, with levies frequently threatened, imposed, and sometimes rescinded. Top EU officials say they are working hard to reach a deal to avoid the steep tariffs on imported goods.

As part of potential concessions, the EU may consider increasing purchases of US liquefied natural gas and defense equipment, and lowering car tariffs. However, it is unlikely to agree to demands to eliminate the value-added tax — a key source of EU revenue, or to allow more imports of US beef.

The EU has offered Washington a “zero-for-zero” outcome, in which both sides would remove tariffs on industrial goods, including automobiles. Although Trump has dismissed the proposal, EU officials say it remains on the table.

Friday’s announcement of the 50 percent tariff on steel imports has sparked fears that prices on big-ticket items, from cars and appliances to construction materials, could surge. Given steel’s widespread use in packaging, the impact is expected to ripple across a wide range of consumer goods, from soup to nuts.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 2, 2026 | 8:00 am

Indonesia’s US Trade Surplus Defies Tariffs, but Economists Warn Risks Remain

Indonesia posted a $12.47 billion surplus with the US in January-August 2026, up from $12.26 billion a year earlier.
News Sep 22, 2026 | 6:45 pm

EU in Showdown over Russian Oligarch Sanctions as Deadline Nears

The bloc had looked set to remove asset freezes and visa bans from Russian businessmen Alisher Usmanov and Mikhail Fridman.
Business Sep 21, 2026 | 10:27 am

US Defends Tariffs on ASEAN Amid $327.4 Billion Deficit

US says it wants to "bring reciprocity and balance" to its ASEAN trade ties amid double-digit tariff hikes.
Business Sep 12, 2026 | 10:33 pm

BRICS Indirectly Hits Out at Trump’s Tariffs, WTO Paralysis

BRICS doesn't want to see unilateral tariffs and a paralyzed WTO court system, all of which are linked to the US.
Business Sep 8, 2026 | 7:16 pm

Trump Tariffs Cripple EU Firms’ Confidence in ASEAN

As many as 81% of the surveyed European businesses admit that the US tariffs had weakened their confidence in ASEAN.
Lifestyle Aug 24, 2026 | 8:45 pm

From Five-Year Visas to Erasmus, EU Eyes More Indonesians

The EU highlights easier Schengen visa access and Erasmus scholarships as it seeks more Indonesian students and travelers to explore Europe.
Business Aug 24, 2026 | 7:26 pm

Regulatory Uncertainty Remains Key Hurdle to Investment in Indonesia, EU Ambassador Says

EU Ambassador Chaibi says regulatory uncertainty and poor policy coordination remain key hurdles to European IE
Business Aug 20, 2026 | 10:13 pm

'We Don't Export Plastic to US': Indonesia on ‘False’ Transshipment Scam Claims

Indonesia denies enabling Chinese goods, namely plastic packaging, avoid Trump's tariffs.
Business Aug 20, 2026 | 12:28 pm

Indonesia Denies US Accusation of Chinese Transshipment Scam

Senior minister Airlangga Hartarto says "Indonesia has never done transshipment", when asked about the US report.
Business Aug 19, 2026 | 8:06 pm

US Accuses Indonesia of Helping China Dodge Trump Tariffs

The US accuses Indonesia and dozens of other countries of being part of "China's shadow transshipment network".

The Latest


Lifestyle 6 hours ago

Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know

Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.
Business 6 hours ago

Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief

Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.
Business 8 hours ago

Greece Floats Shipbuilding Partnership with Indonesia

Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.
Business 9 hours ago

Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling

Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.
Lifestyle 21 hours ago

Ye Concert in Jakarta to Deploy 2,000 Security Personnel

More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED