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EU's trade chief questions rationale of Trump steel measures

AP  |  Brussels 

The European Union's is questioning the rationale of US in threatening to impose tariffs on EU exports of and aluminum, and says his move is undermining longstanding trans-Atlantic ties.

told the EU legislature early today that while the 28-nation EU would continue to seek exemption from the measure that could kick in next week, it will prepare countermeasures to equally hit US exports.

Trump has said that the import tariffs are necessary on national security grounds, but Malmstrom insisted this is a ruse and said that "we suspect that the US move is effectively not based on security considerations but an economic safeguard measure in disguise.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 16:25 IST