🌍 The European Union is gearing up to counter any new tariffs the U.S. plans to impose on steel and aluminum imports. With Washington aiming for a hefty 25% duty and matching existing tariffs from other nations, both sides are bracing for a potential trade war that could shake the global economy. 📉💥
As the U.S. and EU share the world’s largest bilateral trade relationship, officials warn that such measures would lead to economic pain on both sides of the Atlantic. 📊💼
Stay tuned as developments unfold and we keep you updated on this escalating trade tension! 🔍✌️
Reference(s):
cgtn.com
