Steel meets fire: How the EU might respond to Trump’s tariffs

Steel meets fire: How the EU might respond to Trump’s tariffs

The European Union has a range of options for how it can respond to the steep impending US tariffs on its steel and aluminum exports.

On Monday, February 10, US President Donald Trump signed a decree imposing 25 per cent customs duties on steel and steel imports as a whole.

EU Says It's Planning Retaliation for US Steel, Aluminum Tariffs

The EU this week said it plans to retaliate against President Donald Trump's decision to increase tariffs on steel and aluminum. "Unjustified tariffs on the EU will not go unanswered," European Commission President Ursula Ursula von der Leyen said in...

EU promises to retaliate if US imposes tariffs on steel and aluminium

The Corner BancaMarch | The European Union promised to retaliate if the United States imposes tariffs on steel and aluminium on the EU bloc. The President of the European Commission stated that the unjustified tariffs will trigger ‘firm and proportionate responses’, without giving further details. In 2018, Trump tariffed steel and aluminium on some $7 billion in European imports. The EU bloc reacted with tariffs on a list of US products, includi…

Banking Market ConsensusMarch The European Union promised to retaliate if the United States imposes tariffs on steel and aluminium on the EU bloc. The President of the European Commission stated that unjustified tariffs will trigger “firm and proportionate responses,” without giving any more details. In 2018, Trump already tarnished steel and aluminum on about $7 billion in European imports. The EU block reacted with tariffs to a list of US pro…