EU vows to strike back at Donald Trump trade threat
The EU warned on Tuesday it would take “appropriate measures” to defend its interests if the US imposes tough trade sanctions as President Donald Trump delivers on his protectionist policies.
The US Commerce Department on Friday recommended imposing heavy tariffs on China, Russia and European exporters to counter a global glut in steel and aluminium, laying out an array of possible options in a report to Trump.
The move hands Trump his first opportunity to deliver on the “America First” trade promise, but has stoked fears of retaliation and a global trade war.
European Commission spokesman Margaritis Schinas said Brussels would be “deeply concerned” by any sanctions hitting EU businesses.