Pakistan, March 12 -- The European Union is set to impose €26 billion in countermeasures against US tariffs on steel and aluminum imports. This decision follows the United States' implementation of a 25% tariff on these products. European Commission President Ursula von der Leyen called the US tariffs "unjustified," warning they could disrupt global supply chains and harm consumers and businesses on both sides of the Atlantic.

Starting April 1, the EU will reinstate countermeasures previously suspended in 2018 and 2020. These measures will target various US products, including steel, aluminum, and agricultural items like poultry and beef. As planned, a second round of tariffs will roll out by mid-April, fulfilling the €26 bil...