EU promises firm response to U.S. steel tariffs

BRUSSELS, March 1 (Reuters) – The European Union said on Thursday it would react firmly with a proposal within days for WTO-compatible countermeasures against the United States for trade restrictions on steel and aluminum, which it called a “blatant intervention” to protect U.S. industry.

“We strongly regret this step, which appears to represent a blatant intervention to protect U.S. domestic industry and not to be based on any national security justification,” the European Commission chief executive Jean-Claude Juncker said in a statement.

“We will not sit idly while our industry is hit with unfair measures that put thousands of European jobs at risk … The EU will react firmly and commensurately to defend our interests.” (Reporting by Alissa de Carbonnel @AdeCar Editing by Peter Graff)

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