The EU will impose tariffs on certain products imported from the United States starting from the 22nd.

Abstract The European Commission announced on the 20th that as a counter-measure against the US tariff on steel and aluminum products, the EU will impose tariffs on products worth 2.8 billion euros imported from the United States starting from the 22nd of this month. The European Commission said that the tariff-added products include US steel and aluminum...

The European Commission announced on the 20th that as a counter-measure against the US tariff on steel and aluminum products, the EU will impose tariffs on products worth 2.8 billion euros imported from the United States from the 22nd of this month.

The European Commission said that the tariff-increasing products include US steel and aluminum products, agricultural products, etc. The EU's practice of tariffs is in line with the rules of the World Trade Organization.

EU Trade Commissioner Malmstrom said on the same day that the US "unilateral, unfair" decision gave the EU no choice.

US Commerce Secretary Ross announced on May 31 that tariffs of 25% and 10% on steel and aluminum products from the European Union, Canada and Mexico will be imposed from June 1.

According to EU statistics, the US steel and aluminum tariff measures have affected the EU's export products worth about 6.4 billion euros. In order to achieve trade rebalancing, the EU will immediately impose tariff adjustment measures on US products worth 2.8 billion euros, and the trade rebalancing measures for the remaining 3.6 billion euros will be implemented in the future.


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