EU commission proposes 25% tariffs on US goods in response to Trump: report

The European Commission on Monday proposed counter-tariffs of 25% on a range of American goods in response to President Donald Trump's tariffs on steel and aluminum, according to media reports. 

The tariffs on some goods will go into effect on May 16, while others will begin later this year, according to a document viewed by Reuters. 

Maros Sefcovic, the European Union trade chief, said the counter-tariffs would impact less than the previously announced 26 billion euros. 

Goods such as 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 goes ahead.

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