EU retaliates against metal levies with countermeasures worth up to US$28b

CNA

Summary

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European Union Targets $28 Billion of U.S. Products in Tariff Retaliation
The Wall Street Journal
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U.S. President Donald Trump's increased tariffs of 25% on all steel and aluminium imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.
The Gazette
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The trade tensions between the EU and US ratcheted up this week when Brussels announced €26 billion ($28 billion) of tariffs on US goods in response to the Trump administration's 25% levies on steel and aluminum.
Deutsche Welle
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Countries hit by the tariffs have vowed to retaliate with their own penalties, which will most likely hurt US exporters.
Deccan Herald

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