EU to impose retaliatory tariffs on Friday in response to U.S. 232 duties
The European Union will impose tariffs on $3.3 billion worth of U.S. goods on Friday in retaliation against the U.S. Section 232 tariffs on steel and aluminum, the European Commission announced on Wednesday. “We did not want to be in this position,” EU Trade Commissioner Cecilia Malmström said in a statement. “However, the unilateral and unjustified decision of the U.S. to impose steel and aluminum tariffs on the EU means that we are left with no other choice. The rules...