EU to impose retaliatory tariffs on US in July

Source: The Hill | June 6, 2018 | Luis Sanchez

The European Union (EU) is expected to place additional duties on U.S. imports starting in July in response to Trump’s tariffs on EU steel and aluminum, according to Reuters.

EU members have given support for a plan that would set 25 percent duties on up to $3.3 billion worth of U.S. goods, Reuters reported.

“The Commission expects to conclude the relevant procedure in coordination with member states before the end of June so that the new duties start applying in July,” Commissioner Maros Sefcovic said on Wednesday at a press conference.

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