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The firm response Europe has pledged to planned U.S. tariffs on steel and aluminum imports is likely to stop short of triggering the trade war that open market supporters fear. U.S. President Donald Trump said Thursday the United States would apply duties of 25 percent on imported steel and 10 percent on aluminum to protect U.S. producers.Data from European steel association Eurofer shows the United States was the destination of about 15 percent of Europe's steel exports in 2017, second behind Turkey with a 20 percent share.The 3.4 million tons crossing the Atlantic to the United States is about 2 percent of EU steel production. Turkey's steel exporters association said it did not expect a major impact on their exports to the United States.
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