steel

European Union Will Hit Back Against U.S. Tariffs

Dan Exports/Imports, Industry News Release, Trade

The President of the European Commission says he’ll “bring forward in the next few days a proposal for WTO-compatible countermeasures against the U.S.” Politico says the move is intended to hit back against the steel and aluminum tariffs announced on Thursday by President Trump. The Commission says the 25 percent tariff on steel and 10 percent on aluminum will directly …