Should the European Union maintain its 20% retaliatory tariffs on U.S. goods in response to U.S. tariffs on EU exports?

In 2025, the EU imposed 20% tariffs on $28 billion of U.S. goods, effective April 15, in retaliation to U.S. 20% tariffs on EU exports and 25% duties on steel, aluminum, and cars. Announced as part of Trump’s “Liberation Day” policy on April 2, the U.S. measures target 70% of EU exports, prompting debates over whether retaliation strengthens the EU’s position or risks a broader trade war.