Business14:16 07.03.2018(updated 14:22 07.03.2018) Get short URL
0
0
0
The European Union’s commissioner has commented on the introduction by the US of 25 percent tariffs on EU exports of steel and 10 percent on aluminum, announced by the country’s President Donald Trump last week.
Earlier this week, Trump indicated that the talks between Washington and Brussels on the issue would be possible if the bloc suspended certain duties on US products.
Last week Trump said that 25-percent and 10-percent tariffs would be imposed on imported steel and aluminum, respectively, beginning this week for an indefinite period of time.
Trump’s decision sparked a major concern among the world’s aluminum and steel exporters, prompting a quick verbal response from China, Germany as well as the European Commission. The latter said that it would prepare retaliatory measures on the US’ proposed duties on steel and aluminum imports.
DETAILS TO FOLLOW
Sourse: sputniknews.com
