E.U. Leader Threatens to Retaliate With Tariffs on Bourbon and Bluejeans
Hans Jürgen Kerkhoff, president of the German Steel Federation, said on Friday:
“These measures clearly violate the rules of the World Trade Organization. If the E.U. does not react, our steel industry will pay the bill for U.S. protectionism.”
He called on the bloc to take action, through the W.T.O.
Simon Clarke, a Conservative member of Britain’s Parliament and vice chairman of the All Party Parliamentary Group on Steel and Metal Related Industries, wrote on Twitter on Friday:
“Tariffs are the worst possible option for the world economy and a major threat to U.K. steel in particular.”