“We deeply regret this measure,“ European Commission chief Ursula von der Leyen said in a statement about the US tariffs, as Brussels announced it would be “launching a series of countermeasures” in response to the “unjustified trade restrictions”.
Von der Leyen estimated the US tariffs were worth $28 billion and the European Union's response would affect the same amount of US products.
Washington has framed the move as a bid to protect US steel and American workers as the sector declines and faces fierce overseas competition, especially from Asia.
It's not the first time Trump has slapped tariffs on the metals.
As part of the EU's two-pronged approach to Trump's actions, von der Leyen said Brussels will also allow the previous suspension to relapse once it expires.
Von der Leyen said, however, the EU was “ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maros Sefcovic to resume his talks to explore better solutions with the US”.
The commission launched a procedure to impose the countermeasures on Wednesday.
The EU's countermeasures would be fully in place by mid-April unless Trump reverses course.
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