In response to the 25% tariffs imposed by the Trump administration on European steel and aluminum imports, Spain has rolled out a comprehensive set of measures designed to shield its economy and safeguard strategic industries.
Spanish Prime Minister Pedro SΓ‘nchez announced the immediate activation of a β¬14.1 billion Counter-Strategy and Economic Protection Plan, intended to soften the blow of the U.S.-EU trade standoff. The program combines β¬7.4 billion in new allocations with β¬6.7 billion redirected from existing financial tools.
The plan emphasizes:
Source: La Moncloa β Government of Spain (EN)
Beyond Spainβs national action, the European Union has launched a β¬26 billion package of tariffs on U.S. goods, ranging from bourbon and motorcycles to boats and agricultural exports. The EUβs approach is designed to be measured but firm, sending a signal of strength while aiming to avoid unnecessary escalation.
Source: Reuters β EU counter-tariffs on U.S. goods
Spainβs strategy also zeroes in on vulnerable sectors, particularly agriculture and heavy industry. Key initiatives include:
Source: Spain in English β EU trade dispute coverage
Spainβs response, aligned with broader EU measures, illustrates a cohesive and strategic defense against U.S. tariff actions. By combining domestic resilience policies with European solidarity, Spain positions itself to withstand economic shocks while reinforcing its role as a competitive player in global trade.