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Report: EU faces 10% cut in steel exports to US
By EUobserver
The Wall Street Journal reported the US may reduce European steel and aluminium imports by 10 percent. The move is part of a wider threat from the US in March to impose tariffs of 25 percent on steel and 10 percent on aluminium. The EU is demanding exemptions and waivers to the US tariffs and warned it would reciprocate the trade threats with its own measures against US businesses.