ShippingWatch

EU moves forward with retaliations on US steel tariffs

EU plans to impose extra tariffs worth EUR 2.8 billion on US-made products. The move comes in response to the US' announced tariffs on European steel and aluminum.

Photo: Arkivfoto/Colourbox

EU confirms that the union is planning to introduce EUR 2.8 billion (USD 3.3 billion) in extra duties on US products as retaliation for US President Donald Trump's tariffs on European steel and aluminum, according to the Financial Times.

Wednesday, the EU Commission announced that it has instructed trade officials to draft a list of products, including whiskeys and yachts, on which the additional tariff should be applied.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs