The European Commission confirmed on Wednesday that it intends to impose countermeasures in response to new US tariffs on steel and aluminium. The American duties, set at 25 percent, have prompted the European bloc to plan a retaliatory strategy. According to The Local, these measures are scheduled to take effect from 1 April.
The move follows the imposition of the US tariffs, which target specific metal imports. The European Commission stated that these countermeasures are a direct response to the American policy. No further details regarding the specific nature of the measures or the affected goods were provided in the report.
Source: The Local. Read the original report ↗