EU girds for steel and aluminum tariffs, threatens to retaliate against U.S.

Correction: A previous version of this story mischaracterized the safeguard measures the EU is considering. The EU is considering implementing safeguard measures to protect its steel and aluminum sectors as well as retaliating against U.S. products. The European Union will retaliate against a variety of U.S. products – including steel and aluminum – to “rebalance” any economic damages the bloc suffers if the U.S. does not exclude it from Section 232 tariffs, the EU’s trade commissioner said...