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The EU said on Tuesday it would retaliate against US tariffs on European steel and aluminium exports with “firm and proportionate countermeasures”.
Ursula von der Leyen, commission president, said: “The EU will act to safeguard its economic interests. We will protect our workers, businesses and consumers.”
US President Donald Trump announced that the 25 per cent tariffs on all steel and aluminium imports would take effect on March 4.
EU member states have already approved levies of up to 50 per cent on a range of US imports and could quickly take a final vote to impose them.
This is a developing story
https://www.ft.com/content/262cfde9-bf03-4b93-b51a-940c1414b04b
