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EU warns US against imposing new tariffs

By Yusuf Hatip,

Brussels: The EU will respond immediately if the U.S. decides to go ahead with new tariffs on EU-origin products, European Commission spokesman Daniel Rosario said on Tuesday.

Speaking at a daily briefing in Brussels, Rosario said: “The EU is ready to respond immediately if the U.S. decides to go ahead with the new tariffs on EU-origin products.”

In March, American President Donald Trump imposed a 25-percent tariff on imported iron and steel, and a 10-percent tariff on aluminum — since then the issue has been discussed heatedly among the U.S. and its major trade partners.

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After that, the EU placed a 25-percent tariff on American products and Trump threatened to impose more tariffs on all European cars.

Last month, Trump hosted European Commission President Jean-Claude Juncker in Washington.

—IANS

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