President Trump has announced intention to invoke unusual import restrictions measures such as imposing a 25% tariff on steel products, saying steel and aluminum are being imported unfairly cheaply.

In response to this, Malmstrom, a member of the Commerce Policy Committee in the EU, held a press conference on the 7th and officially announced that it will take countermeasures as the EU if the US triggered import restrictions.

According to it, it is considered that the EU is considering filing a lawsuit against the WTO = World Trade Organization and imposing retribution tariffs on imported goods from the United States. The objective of retali tariffs is to create a list of target items currently in three fields of steel products, industrial products and agricultural products, and to announce it in the near future.

At a press conference, Malmstrom member commented, "Protectionism is not a solution," and reconsideration to the United States as "It will impair the world trade system based on US-Europe relations and rules" I asked.

The President of the EU also took up this issue at the EU summit meeting, which begins on the 22nd of this month, and expressed his thoughts to consult with the leaders of the countries.