EU warns US against imposing new tariffs

Economy
Tue, 28 Aug 2018 17:08 GMT
The EU will respond immediately if the U.S. decides to go ahead with new tariffs on EU-origin products, European Commission spokesman Daniel Rosario said on Tuesday. Speaking at a daily briefing in Brussels, Rosario said: "The EU is ready to respond immed...
EU warns US against imposing new tariffs

The EU will respond immediately if the U.S. decides to go ahead with new tariffs on EU-origin products, European Commission spokesman Daniel Rosario said on Tuesday.

Speaking at a daily briefing in Brussels, Rosario said: "The EU is ready to respond immediately if the U.S. decides to go ahead with the new tariffs on EU-origin products.”

In March, American President Donald Trump imposed a 25-percent tariff on imported iron and steel, and a 10-percent tariff on aluminum -- since then the issue has been discussed heatedly among the U.S. and its major trade partners.

After that, the EU placed a 25-percent tariff on American products and Trump threatened to impose more tariffs on all European cars.

Last month, Trump hosted European Commission President Jean-Claude Juncker in Washington.

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