EU tariffs to hit $4b worth of US goods

The European Union (EU) has retaliated against tariffs imposed by the United States on metal imports, and will impose a 25 per cent duty on €2.8 billion (S$4.4 billion) worth of US products, from Harley-Davidson motorcycles to Levi's jeans. The duties will take effect tomorrow.

The tit-for-tat move is expected to worsen an intensifying trade row between the US and its partners.

"We did not want to be in this position," EU Trade Commissioner Cecilia Malmstrom said yesterday.

"However, the unilateral and unjustified decision of the US to impose steel and aluminium tariffs on the EU means that we are left with no other choice."

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A version of this article appeared in the print edition of The Straits Times on June 21, 2018, with the headline 'EU tariffs to hit $4b worth of US goods'. Print Edition | Subscribe