EU to impose measures against 'unacceptable' U.S. tariffs

The European Union will impose counter measures after the United States decided to no longer exempt it from steel and aluminum tariffs, the head of the bloc’s executive Jean-Claude Juncker said on Thursday.

The United States said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the EU, ending a two-month exemption and
potentially setting the stage for a trade war with some of America’s top allies.

“This is a bad day for world trade,” Juncker said in a speech in Brussels. “So we will immediately introduce a settlement dispute with the WTO and will announce counter balancing measures in the coming hours.”

“It is totally unacceptable that a country is imposing unilateral measures when it comes to world trade.”




REUTERS

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