EU to impose tariffs on US soybeans from December 1
The European Commission proposed on Monday to impose 25% counter-tariffs on a range of US goods in response to President Donald Trump’s tariffs on steel and aluminium, according to a document seen by Reuters.
The tariffs would take effect on some goods on May 16 and on others later, on December 1.
The products targeted by the counter-tariffs are diverse and include diamonds, eggs, dental floss, sausages and poultry. The counter-tariffs on almonds and soya beans will take effect on December 1.
EU trade chief Maroš Šefčovič said earlier on Monday that the counter-tariffs would have a smaller impact than the previously announced 26 billion euros ($28.45 billion) of measures.
EU member states are due to vote on the proposal on April 9.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
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