The shift by European companies away from U.S. markets could have far-reaching consequences for the American economy.

The European Union is set to impose extra duties mostly of 25% on a range of U.S. imports in response specifically to the U.S. metals tariffs.

After several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US tariffs on EU steel and aluminium. View on euronew ...