U.S. steel tariffs spark EU trade fallout, cost billions in losses

Ver U.S. steel tariffs spark EU trade fallout, cost billions in losses - Diario As en Dailymotion

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00:00so we have lost 1 million tons we are talking of a value of around about 2 billion euros which we

00:14have lost and that of course leads to capacity reduction and job losses in europe

00:30of course we are expecting measures by the european union to support our industry that needs to be a

00:46firm reaction so this would have a huge impact on u.s steel users as well because they depend

00:55on steel imports from the european union there are a number of grades and products the u.s steel

01:02industry is not producing the costs for the u.s steel users will will increase by 25 percent

01:10if they cannot resource from the u.s domestic market and that of course is worrying for u.s

01:17steel consumers