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US-EU: EU Trade Mins To Hold Emergency Meeting To Discuss Trump Metals Tariffs

US-EU
USHomepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America

The Polish presidency of the Council of the European Union has called an emergency meeting of EU trade ministers for this afternoon following the announcement of the imposition of tariffs on EU steel and aluminium exports to the US. Ministers will meet virtually from 1600CET (1000ET, 1500GMT). 

  • As Politico reports, there remain divisions between EU members on whether the Union should respond forcefully with its own tariffs or other measures, or attempt to placate US President Donald Trump in order to avoid more potentially damaging tariffs on sectors like the autos industry.
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The Polish presidency of the Council of the European Union has called an emergency meeting of EU trade ministers for this afternoon following the announcement of the imposition of tariffs on EU steel and aluminium exports to the US. Ministers will meet virtually from 1600CET (1000ET, 1500GMT). 

  • As Politico reports, there remain divisions between EU members on whether the Union should respond forcefully with its own tariffs or other measures, or attempt to placate US President Donald Trump in order to avoid more potentially damaging tariffs on sectors like the autos industry.