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Report: EU members unanimously support countermeasures against US steel tariffs

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Report: EU members unanimously support countermeasures against US steel tariffs

Members of the European Union gave unanimous backing to a plan to enforce import duties on €2.8 billion worth of products from the U.S. as countermeasures against tariffs on steel and aluminum, Reuters reported June 14, citing EU sources.

The duties, which will be discussed in the June 20 meeting of the European Commission, include a 25% levy on orange juice, bourbon, jeans, motorcycles and other goods from the U.S.

The measures are expected to be in effect by late June or early July.

German Chancellor Angela Merkel previously said that measures to prevent possible U.S. retaliatory tariffs on car imports from Europe will be undertaken and then "hope that the EU will respond again in the same unity."

According to a CNBC News report, the U.S. is also expected to hit Chinese goods with new tariffs June 15, although the move would target a smaller list of products than the Trump administration originally suggested.

The new list would cover between 800 and 900 products, down from the initial list of 1,300 goods prepared in April.

In late May, Canadian Prime Minister Justin Trudeau and Canadian Minister of Foreign Affairs Chrystia Freeland announced retaliatory tariffs aimed at products worth C$16.6 billion, reciprocal to the value of Canadian exports targeted by the Trump administration.