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Members of EU agreed to take action to against USA

Posttime:2018-06-15     Views:3718

The members of EU agreed to take action to against the USA's tariff on steel and aluminum. This will be put on the table while the European Union Meeting in 20th June. If the agreement is going to be obtained, it will be put into force in July, or even 20th June.

We also need to concentrate on the announcement of Angela Dorothea Markel that EU should retaliate with sanctions on that tariffs.

Karl Brauner said that tariffs are irregular under WTO; however, he reminded EU should be cautious to act on that.

The president of IMF, Christine Lagarde, analysed the others countries would retaliate US while the tariffs come true.

It should be erratic fluctuation of the world market both in steel and aluminum, therefore, Julong strongly recommends all our customers prepare for the uncontrollable condition as soon as possible.