The EU will consider imposing its own “safeguard” tariffs on imports of steel and aluminium in response to US President Donald Trump’s decision to levy national security tariffs on imports of the metals from around the world, the EU’s top trade official has warned.
In an interview with the Financial Times, Cecilia Malmstrom, EU trade commissioner, said officials in Brussels would wait to see the formal announcement of US tariffs, which Mr Trump said would come next week, before taking any action.
The EU was already engaged in discussions with other countries about mounting a WTO challenge to the 25 per cent tariff on steel and 10 per cent levy on aluminium announced by Mr Trump on Thursday, Ms Malmstrom said.
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