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The European Union could impose preliminary measures to safeguard its steel and aluminum industries as early as July, although a full investigation will take nine months, EU Trade Commissioner Cecilia Malmstrom said Monday.Under WTO rules, the EU could impose "provisional safeguard" tariffs for up to 200 days if it makes a preliminary finding that increased imports have caused or are threatening to cause serious injury to its steel and aluminum sectors.The U.S. tariffs of 25 percent on incoming steel and 10 percent on aluminum came into effect on March 23 and have also been imposed on EU producers since last Friday.The EU is also retaliating against the tariffs, which it sees as "safeguards" under World Trade Organization rules, by imposing its own tariffs on a list of U.S. goods.
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