‘RETALIATION IS INEVITABLE’ – Juncker threatens US after Trump orders steel tariffs

‘RETALIATION IS INEVITABLE’ – Juncker threatens US after Trump orders steel tariffs
 

European Commission President Jean-Claude Juncker has warned retaliation was inevitable, with the bloc also faced with the task of calculating what the knock-on effect on the global steel industry will be.
Mr Trump’s announcement means additional tariffs of 25 per cent on steel and 10 per cent on aluminium will be levied on all imports to the United States – meaning big producers such as South Korea, Japan, China and Brazil will be looking for new European markets.
Mr Juncker said: “The Commission will bring forward in the next few days a proposal for World Trade Organisation-compatible... read more

 
2 March 2018 in World News, Views: 33
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