EU RETALIATORY TARIFFS ON U.S. PRODUCTS

EU RETALIATORY TARIFFS ON U.S. PRODUCTS

The EU estimates the U.S. tariffs on steel and aluminum will cost the bloc around € 2.8 billion and its countermeasures from July 2018 aim to penalize imports from the United States to the same value, while also generating political pressure on Trump at home from industries whose export will be hit.

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