EU delays retaliatory trade action to work out impact of Trump tariffs

European Commission President Ursula von der Leyen (Geert Vanden Wijngaert/AP)

The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminium imports to 25%, senior officials said on Thursday.

The EU had intended to impose measures on goods from the United States worth some 26 billion euros (£21.5 billion) in two phases, on April 1 and April 13.