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US to hit EU with steel and aluminum tariffs, report says

12:06 AM

Europe will be excluded from global tariff exemptions amid increasing trade friction, the Wall Street Journal reports

The Trump administration is reportedly planning to impose import tariffs on European steel and aluminum after finding no satisfaction in its effort to win trading concessions on the issue.

An announcement dropping the EU from an exemption to global tariffs of 25% on imported steel, and 10% on aluminum, could come on Thursday, according to the Wall Street Journal.

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from US news | The Guardian https://ift.tt/2sjSG7w

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