EU 'will react firmly' to US steel, aluminum tariffs

News Image

MG News | March 02, 2018 at 09:58 AM GMT+05:00

The EU "will react firmly and commensurately to defend our interests" in response to tough US steel and aluminum tariffs, the European Commission chief Jean-Claude Juncker said Thursday.

"The Commission will bring forward in the next few days a proposal for WTO-compatible countermeasures against the US to rebalance the situation," he said in a statement, referring to the World Trade Organization.

US President Donald Trump on Thursday announced he would sign off on measures designed to protect US producers, teeing up a possible trade war with China and Europe – AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 173,886.69
195.81M
-0.85%
-1493.18
ALLSHR 104,193.90
1,478.56M
-0.79%
-830.04
KSE30 50,762.89
101.57M
-1.61%
-833.18
KMI30 248,644.12
78.76M
-1.03%
-2588.32
KMIALLSHR 67,289.90
391.02M
-0.79%
-536.64
BKTi 47,836.07
30.16M
-1.03%
-497.73
OGTi 34,437.26
6.66M
-1.07%
-371.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,895.00 76,150.00
75,895.00
-60.00
-0.08%
BRENT CRUDE 97.97 100.83
96.67
-0.32
-0.33%
RICHARDS BAY COAL MONTHLY 127.25 0.00
0.00
-0.50
-0.39%
ROTTERDAM COAL MONTHLY 136.50 137.25
136.50
-0.80
-0.58%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 90.34 92.53
89.07
-0.18
-0.20%
SUGAR #11 WORLD 18.25 18.60
18.13
-0.31
-1.67%

Chart of the Day


Latest News
November 07, 2026 at 12:30 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 07, 2026 at 12:13 AM GMT+05:00

Petrol price cut by Rs6.59, diesel by Rs4.25 per litre


November 06, 2026 at 11:01 PM GMT+05:00

Weekly Market Roundup


November 06, 2026 at 10:17 PM GMT+05:00

ABHI Microfinance Bank IPO oversubscribed 1.6x



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg