Europe is prepared with retaliatory measures against U.S. President Donald Trump’s recent threat to impose steel and aluminum tariffs, stated the chair of the European Parliament’s trade committee on Saturday.
“We have our countermeasures ready for the unjustified tariffs on steel and aluminum. If what has been announced truly comes into effect, we should implement these counter-tariffs immediately,” said German MEP Bernd Lange in a post on X.
On Friday, Trump announced a new 50 percent tariff on steel and aluminum, which will be effective June 4, increasing from the previous rate of 25 percent.
Leave a Reply