EU, Steel and Canada
The United States will be fueling inflation with its move to resume tariffs on aluminum and steel imports, European Union trade commissioner Maros Sefcovic told the European Parliament on Tuesday (February 11),
European Union chief Ursula von der Leyen vowed on Tuesday that U.S. tariffs on steel and aluminum “will not go unanswered,” adding that they will trigger tough countermeasures from the 27-nation bloc.
The European Union plans to retaliate against the United States for new steel and aluminum tariffs. "Unjustified tariffs on the EU will not go unanswered—they will trigger firm and proportionate countermeasures,
European Commission President Ursula von der Leyen on Tuesday vowed "firm and proportionate countermeasures" in response to U.S. President Donald Trump's decision to impose tariffs on all steel and aluminium imports,
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,
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 estimated that the first wave of tariffs on steel and aluminium imposed by US President Donald Trump will result in a hit to EU exports worth up to €28 billion (approx. US$29.3 billion).
Ukraine’s already vulnerable steel industry would face extra costs that would weaken the industry and the country.
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.
U.S. tariffs on steel and aluminum "will not go unanswered," European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc. It means iconic U.
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