Romania preparing aid schemes for companies impacted by new US tariffs
Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu.
Radu Dumitrescu · Journalist
· Updated · 2 min read
Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu.
The US imposed tariffs on all countries worldwide, with a "minimum base tariff" of 10%, starting April 5. However, for some countries, the tariffs will be higher and will take effect on April 9. Tariffs for the EU will be 20%, while 25% will be the set customs tax on all cars manufactured outside the US.
