Established by Fathi Ibrahim Bayoud 2005 - Homs

EU promises firm response to US steel tariffs

Business | 2018-03-01 20:01:00
The European Union said Thursday it would react firmly with a proposal within days for WTO-compatible countermeasures against the United States for trade restrictions on steel and aluminum, which it called a "blatant intervention" to protect U.S. industry.

"We strongly regret this step, which appears to represent a blatant intervention to protect U.S. domestic industry and not to be based on any national security justification," the European Commission chief executive Jean-Claude Juncker said in a statement.

"We will not sit idly while our industry is hit with unfair measures that put thousands of European jobs at risk ... The EU will react firmly and commensurately to defend our interests."

Reuters
Keywords:
Comments (0)

Post Your Comments

fill all fields below
*This confirmation code will prevent auto submit
X :Latest News
Egypt unearths tomb of ancient high priest      Turkey won't 'give up' on Khashoggi murder probe: minister      Israel demolishes home of alleged Palestinian assailant in West Bank      Gulf Arab bloc needs reform to give it teeth: Qatar      Israeli navy detains two Gazan fishermen: Union chief      500 displaced reach Kurdish-held areas as SDF makes gains      Nigeria reverses suspension of UNICEF operations      US' Pompeo says China should release detained Canadians