Ready to retaliate, the Union tables a list of goods in danger
The EU presented last week to the World Trade Organisation (WTO) a list of US products on which the bloc may in the future apply extra import duties in retaliation to tariff measures on steel and aluminium the US is readying, news wires reported. “This would be to compensate in an equivalent manner for the impact of the US tariff measures on steel and aluminium, which the EU considers to be safeguard measures in effect, should they enter into force,” the EU said in a written statement. This notification does not result in any immediate imposition of additional duties on imports from the US so far, it added. The EU said some retaliation could be applied already from 20 June.