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EU prepares retaliation against U.S. after Trump imposes 50% tariff on EU steel imports.
The European Union is preparing retaliatory measures against the U.S. after President Trump imposed a 50% tariff on EU steel imports, complicating ongoing trade negotiations.
If talks fail, the EU will automatically impose its countermeasures on July 14 or earlier.
The EU has proposed a "zero for zero" deal to remove tariffs on both sides for industrial goods, including autos, but this was dismissed by Trump.
The tariffs could lead to higher consumer prices for goods containing steel.
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La UE prepara represalias contra Estados Unidos después de que Trump imponga aranceles del 50% a las importaciones de acero de la UE.