INTERNATIONAL REGULATORY ROUND UP – US KNITWEAR EXPORTS IN FIRING LINE AS EU THREATENS RETALIATION OVER TRUMP METAL DUTIES

THE EUROPEAN Union (EU) has warned that is prepared to impose temporary safeguard duties on imports into the EU of USA-made knitwear, as it launched its reaction to the establishment of American import duties on aluminium and steel imports. EU trade Commissioner Cecilia Malmström told the European Parliament on March 22 that the preparations would continue despite the US exempting the EU from its metal duties until May 1, to allow discussions to continue. "We have made clear that should we remain subject to these tariffs we will not hesitate to act. We are ...


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