EU-US trade war: Brussels prepares new tariffs in retaliatory strike against Trump

EU-US trade war: Brussels prepares new tariffs in retaliatory strike against Trump

Daily Express - World·2020-04-08 11:03

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The US President in January extended tariffs of 25 percent on steel and 10 percent on aluminium to derivative products, such as steel nails and aluminium cables. These tariffs, from which Argentina, Australia, Brazil, Canada, Mexico and South Korea were exempted, came into effect on February 8. Brussels is now planning retaliatory strike on Washington, risking the potential off a full-blown trade war.

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