EU vows swift response to US tariffs on steel and aluminum
The European Commission has pledged a "firm and immediate" response to new reciprocal tariffs announced by the U.S. The Commission argues these tariffs are unjustified and threaten a rules-based trading system that benefits all partners. The U.S. tariffs on steel and aluminum, set to take effect on March 12, mark a shift in trade policy under President Trump. The EU is preparing for potential retaliation, recalling past sanctions imposed during the Trump administration. The EU is considering using its new trade defense tools, which include restrictions on public procurement and trade in services. The Commission emphasizes the importance of low tariffs and predictable trade rules, which it believes the U.S. is undermining.