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EU heads discuss bold or fold strategy towards Trump tariffs


By Gabriela Baczynska and Philip BlenkinsopSOFIA/BRUSSELS (Reuters) - European leaders will seek to agree a common stance on Wednesday towards threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.U.S. President Donald Trump has imposed import duties of 25 percent on steel and 10 percent on aluminium on grounds of national security, but granted EU producers a temporary exemption until June 1 pending the outcome of talks.French President Emmanuel Macron and other EU leaders, who ...

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First Published: Wed, May 16 2018. 20:31 IST