European Union EU News

EU Unanimously Approve Retaliatory Tariffs Against US

The move comes in response to trade tariffs imposed by US President Donald Trump, a measure that has slammed by Brussels as a “step toward protectionism.”

The European Union has unanimously approved a set of retaliatory tariffs against the US trade duties, including those on whiskey and motorcycles, according to AFP citing sources.

“Member states have today unanimously supported the commission’s plan for the adoption of rebalancing measures on the US tariffs on steel and aluminum,” the media outlet reported, citing a source from the European Commission on condition of anonymity.

The retaliatory measures are expected to take effect “in coming days,” the source was quoted as saying.

Other officials claim that the measures will enter into force in early July.

The move came as a response to Donald Trump’s recent decision to impose tariffs on European steel and aluminum exports.

EU officials have yet to officially confirm the information.

Relations between European countries and the US reached their lowest point following the recent G7 summit, with US President Donald Trump refusing to sign the final communique and accusing allies of taking advantage of the US trade.

Earlier, Trump announced the introduction of a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports from the EU, Canada and Mexico.

The president of the European Commission, Jean-Claude Juncker, dismissed the tariffs as completely unacceptable and pledged to introduce countermeasures.

– sputnik

You Care About This Story? Share or Comment

Fact Check: We strive for accuracy and fairness. If you discover something that does not look right here, contact us at Politicoscope. Do you have a story for publication? Send it now for free publication here on Politicoscope.

Leave a Reply

Please Login to comment
  Subscribe  
Notify of