EU hits back with a billion-euro counterpunch as persuasive tactics fail to tackle US tariffs

The US steel and aluminium tariff has come into effect from March 12, and in response to it, the European Commission has launched immediate countermeasures on US imports into the European Union (EU).
In a decisive retaliation against the US steel and aluminium tariffs, the European Commission has unveiled a package of countermeasures targeting US imports worth up to EUR 26 billion. The move signals a firm stance: if the US chooses to escalate the trade conflict, the EU will respond with equal force.
Persuasion strategy tastes the dust
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