The U.S. is due to impose tariffs of 25 percent on its global steel and aluminum imports by this Wednesday. This would reactivate, and escalate, a dispute dating back to Trump’s first term. The EU has made clear it is ready to hit back with retaliatory measures.
Šefčovič, who was announcing a new digital trade deal with Korea, also stressed that “the EU would protect its businesses, workers and consumers. I think we’ve been very clear about it and I know they expect no less from us.”
The trade boss also highlighted that “[the] interest is indeed huge” from other trading partners to work more closely with the EU, name-checking talks with Thailand, India and the United Arab Emirates.
