European Steel Association May Challenge Trump Tariffs

The video discusses the European Union's response to President Trump's announcement, exploring legal options available within the WTO framework. It highlights potential actions such as retaliation, safeguard measures, and seeking a WTO ruling. The discussion also covers the risks of a tit-for-tat escalation and emphasizes the importance of safeguard measures for the European steel industry. The EU Commission is set to carefully consider these options in the coming days.

Why is it important for the European steel industry to have safeguard measures in place?

What actions will the Commission take in response to the situation?