EU retaliates as Trump steel, aluminum tariffs take effect

(The Hill) - The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European trading bloc — made up of 27 nations — will allow the suspension of the existing 2018 and 2020 countermeasures against the U.S. to expire on April 1. Second, the commission is proposing a new package of countermeasures on goods coming from the U.S. that will go into e