EU countries back counter-measures against U.S. steel tariffs

0
1
EU countries back counter-measures against U.S. steel tariffs

BRUSSELS (Reuters) – European Union countries on Thursday unanimously backed a plan to impose import duties on 2.8 billion euros ($3.3 billion) worth of U.S. products in response to U.S. tariffs on EU steel and aluminum, EU sources said.

FILE PHOTO: Steel rolls are pictured at the plant of German steel company Salzgitter AG in Salzgitter, Lower Saxony on March 3, 2016. REUTERS/Fabian Bimmer/File Photo

The measures still need to be adopted by the European Commission, whose next scheduled meeting is June 20. They should be in place by late June or early July.

Reporting by Philip Blenkinsop; editing by Foo Yun Chee

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here