On Thursday, May 31, the administration of U.S. President Donald Trump intends to announce about the imposition of duties on steel and aluminum import from the European Union.
U.S. authorities will impose duties on steel and aluminum import from the European Union on Thursday, May 31, The Wall Street Journal reports quoting the sources.
It is noted that the administration of U.S. President Donald Trump will announce its decision. Meanwhile, the newspaper source noted that the plans of U.S. authorities can change at the last moment, if U.S. and EU reach compromise at the last moment.
It should be reminded that in late March, U.S. imposed duties, amounting to 25% and 10%, on the steel and aluminum import respectively. For some countries, including EU, their operation is suspended until June.