EU Slaps 25% Tariffs on US Imports in Escalating Trade Dispute

The European Union has imposed an additional 25% tariff on a range of U.S. imports, marking a significant escalation in ongoing trade tensions between the two economic powers. The move comes in response to earlier U.S. tariffs and is aimed at pressuring Washington to reconsider its trade policies. Affected goods include industrial products, agricultural items, and consumer goods, potentially impacting businesses and consumers on both sides. The EU stated that the tariffs are in line with World Trade Organization rules. As the situation develops, analysts warn of potential economic fallout and a prolonged dispute that could disrupt global trade flows.