The European Union launched countermeasures on Wednesday against new US metals tariffs, with plans to impose its own duties on €26 billion ($28.3 billion) worth of American goods. The announcement came hours after the US administration imposed 25% tariffs on steel and aluminum imports in a massive escalation of the trade war between two longstanding allies. The EU will immediately begin consultations with member states, with adoption of the tariffs expected in mid-April. European Commission President Ursula von der Leyen and the EU’s trade chief, Maros Sefcovic gave a press briefing setting out the full scope of their response at a press briefing in Strasbourg
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