U.S. imports to attract EU levy from June 22

Andrew Cummings
June 21, 2018

From the start of June, the European Union has been hit by tariffs of 25 per cent on steel and 10 per cent on aluminium imports imposed by US President Donald Trump, who has justified the move on the grounds of national security.

The European Union will roll out a range of retaliatory tariffs against United States exports on Friday, targeting items such as American blue jeans, bourbon and motorbikes.

The European Commission today formally adopted the implementing regulation that will slam 25 percent tariffs on a list of American products worth €2.8 billion.

The EU countermeasures cover a total of around 200 categories of US products also including various types of corn, rice, orange juice, cigarettes, cigars, t-shirts, cosmetics, boats and steel.

Brussels first drew up the list in March when US President Donald Trump initially floated the idea of 25 percent tariffs on steel imports and 10 percent on aluminium.

Announcing the European response, which will target £2.4billion (€2.8bn) worth of U.S. products, Ms Malmstrom said Brussels had no choice but to fight back.

The European Union has announced a new range of retaliatory tariffs against the United States, in response to the USA revoking the EU's exemption from steel and aluminum tariffs.

Ms Malmstrom said: "We did not want to be in this position".

Last week, the United States imposed 25% tariffs on $50bn of Chinese products, with Beijing immediately retaliating by matching the USA levy.

The move confirms a tit-for-tat dispute that could escalate into a full trade war, particularly if U.S. President Donald Trump carries out his threat to penalize European cars.

The US measures have resulted in official complaints to the World Trade Organisation by those targeted, but such disputes have a habit of dragging on for months if not years.

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