The EU is set to reintroduce tariffs on US steel and aluminium, targeting up to €18bn ($19.6bn) worth of US goods in a move that could impact US electrolyser manufacturers supplying European hydrogen projects.
This latest escalation in the US-instigated global trade war comes in response to US President Trump’s decision to impose 25% tariffs on all steel and aluminium imports, which took effect on Wednesday (March 12).
The European Commission will reinstate tariffs on US products on April 1, with the measures expected to be fully in place by April 13.
European Commission President Ursula von der Leyen said the countermeasures were “strong but proportionate.”
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