European Union chief Ursula von der Leyen vowed that U.S. tariffs on steel and aluminum “will not go unanswered” and will trigger tough countermeasures from the 27-nation bloc. “The EU
The European Union is broadening the list of US goods it will target with retaliatory tariffs if US President Donald Trump follows through on his threat to impose duties on steel and aluminum exports,
The European Union's executive branch on Friday vowed to “take firm and immediate action" against U.S. President Donald Trump’s imposition of tariffs on steel and aluminum. The European Commission said in a statement that Trump’s proposed “reciprocal” trade policy goes “in the wrong direction.
The European Union said it will respond to any tariffs the US might impose on it, escalating a potential transatlantic trade dispute. “I deeply regret the US decision to impose tariffs on European steel and aluminum exports,
European industry ministers will meet in Paris on Thursday to discuss measures to maintain steel production in Europe in response to US tariffs, France’s industry ministry announced late Monday. Europe’s steel industry is reeling from US President Donald Trump’s executive order to impose 25 percent tariffs on steel and aluminum imports from March 12,
Of all the threatened levies, only Trump’s China tariff has actually happened. Nevertheless, the EU has said that it would respond swiftly and proportionally to Trump’s tariffs, should they occur, and could reactivate as a first step the lists of products it previously suspended.
The European Union (EU) estimates that the first wave of Donald Trump’s steel and aluminium tariffs will hit as much as 28 billion euros (S$39 billion) of the bloc’s exports in what would be a massive escalation in the US president’s trade war.
BRUSSELS: The European Union (EU) estimates that the first wave of Donald Trump's steel and aluminium tariffs will hit as much as €28bil (US$29bil) of the bloc's exports in what would be a massive escalation in the United States president's trade war.
Ukraine’s already vulnerable steel industry would face extra costs that would weaken the industry and the country.