Premium Times

Jun 11, 20181 min

EU to impose extra tariffs on U.S. imports from July

The European Union says it will start applying additional import duties on selected United States imports from July 1.

The order is in response to U.S. tariffs imposed on EU steel and aluminium, the European Commission said on Wednesday.

EU members have given broad support to a European Commission plan to set duties on 2.8 billion euros (3.3 billion dollars) of U.S. exports.

The broad support is in response to what is seen an as illegal action by Washington.

“The Commission expects to conclude the relevant procedure in coordination with member states before the end of June.

“The new duties start applying in July,’’ Commissioner Maros Sefcovic told a news conference. ($1 = 0.8497 euros)

    3
    0