EU to unveil more countermeasures against US tariffs following its steel and metals action plan
The European Union will unveil more details of its countermeasures against United States tariffs on Thursday (May 8). The bloc had earlier released an action plan that aims to strengthen European steelmakers in the face of 25 per cent duties on steel and aluminium imposed by the US. William Denselow reports on what this means for the EU steel industry, which is already reeling from intense competition and rising operational costs.
The European Union will unveil more details of its countermeasures against United States tariffs on Thursday (May 8). The bloc had earlier released an action plan that aims to strengthen European steelmakers in the face of 25 per cent duties on steel and aluminium imposed by the US. William Denselow reports on what this means for the EU steel industry, which is already reeling from intense competition and rising operational costs.
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