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EU retaliates against U.S. steel, aluminum tariffs

Jaclyn Jaeger | June 20, 2018

The European Commission adopted on June 20 the regulation putting in place the EU’s rebalancing measures in response to U.S. tariffs on steel and aluminum. The measures will immediately target a list of products worth €2.8 billion (U.S. $3.2 billion) and will come into effect on June 22.

This decision is part of the three-pronged response outlined by the European Commission earlier this year. This also includes the launch on June 1 of legal proceedings against the United States in the World Trade Organization (WTO) and safeguard actions to protect the European market from disruptions caused by the diversion of steel from the U.S. market.

The EU’s rebalancing measures follow the Trump Administation’s announcement that, starting June 1, the United States will...

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