On Wednesday, the European Commission announced that it plans to implement its own set of tariffs on US products starting from April 1.

The decision to introduce “countermeasures” came as a response to the US tariffs of up to 25% that were imposed on EU steel and aluminum.

The Commission aims to protect European businesses, workers, and consumers from the negative effects of these “unjustified trade restrictions” through these countermeasures.

More to follow…