16-03-2018 18:30 via uk.finance.yahoo.com

Europe's response to U.S. import tariffs

The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminium.The Commission, which oversees trade policy for the 28-nation EU, has said it would respond in three ways.The European Commission would launch a legal challenge at the World Trade Organization and has been discussing doing so jointly with other trading partners.
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