The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum, APA reports quoting Reuters.
The European Union wants to be exempted from U.S. duties of 25 percent on steel and 10 percent on aluminum that U.S. President Donald Trump approved last week. U.S. Commerce Secretary Wilbur Ross and EU Trade Commissioner Cecilia Malmstrom meet next week to discuss the issue.
The European Commission, which coordinates trade policy for the 28 EU members, has said that, if the EU is not exempted, it should set duties of 25 percent on a range of U.S. products, whose annual imports to the European Union are worth 2.8 billion euros ($3.45 billion).
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