EU set to implement retaliatory tariffs from July

DW – June 6, 2018

The EU executive said Wednesday it would start imposing higher duties on a number of US products in July in response to US President Donald Trump’s recent decision to slap higher tariffs on some EU exports.

The Trump administration had made up its mind not to grant the EU any exemptions from duties that had earlier been imposed on China and other nations.

As a result, European Union producers now have to put up with a 25-percent tariff on steel exports and a tariff of 10 percent on aluminum shipments to the United States.

European Commission Vice President Maros Sefcovic said Wednesday that formalities in finalizing the EU’s response should be completed this month and “that the duties start applying from July.”