EU countries are expected to approve the first round of EU countermeasures against Trump's tariffs on Wednesday

Odaily Planet Daily reported that EU countries are expected to approve the first round of countermeasures against Trump's tariffs on Wednesday, joining retaliatory actions by some countries such as Canada. On Wednesday, Trump's reciprocal tariffs against the European Union and dozens of countries came into effect, further expanding the impact of tariffs and stimulating broader selling in financial markets. The European Commission proposed on Monday to impose an additional 25% tariff on a range of US imports in response to the US metal tariffs. The EU is still evaluating how to deal with cars and broader taxation. (Golden Ten)