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Sunday, 27 September 2020

EU set to impose extra tariffs on US imports from July

Reuters , Wednesday 6 Jun 2018
European Commission headquarter
A picture taken on March 14, 2018 shows European Union flags next to European Commission headquarter in Brussels, adorned by a banner displaying its name in French, amongst other European Languages (Photo: AFP)
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The European Union should start applying additional import duties on selected US imports from July in response to US tariffs imposed on EU steel and aluminium, the European Commission said on Wednesday.

EU members have given broad support to a European Commission plan to set duties on 2.8 billion euros ($3.3 billion) of US exports in response to what is sees as illegal action by Washington.

"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 told a news conference

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