U.S. to hit EU with steel, aluminium tariffs

The Trump administration has imposed tariffs on steel and aluminium imports from its top allies and trading partners – the European Union, Mexico and Canada. All vowed to retaliate by penalising U.S. products

EU EXPORTS OF FINISHED STEEL 
PRODUCTS TO U.S. IN 2017
Metric tonnes (000s)

Germany       951
Finland        35
UK            173
Netherlands   633
Belgium       154
Luxembourg    207
France        237
Sweden        216
Portugal      169
Denmark         7
Poland          5
Czech Republic 69
Romania         6 
Austria        87
Spain         193
Italy         212
Slovenia       20

Less than 5,000 tonnes
 
Tariffs: 25 percent on imported steel, 10 percent on imported aluminium

Value: EU steel exports to U.S. worth 5.3 billion euros ($6.5 billion) in 2017. Aluminium exports worth 1.1 billion euros.

Jobs: Estimated 320,000 workers across EU employed in steel industry 


Sources: BBC, Bloomberg, Reuters         © GRAPHIC NEWS