European Union trade ministers will hold an unscheduled video conference on Wednesday to discuss the bloc's response to impending U.S. steel and aluminium tariffs, EU diplomats said on Tuesday.

President Trump on Monday imposed 25% tariffs on all steel and aluminum imports into the U.S. to the dismay of allies overseas. In a statement released Sunday, the European Commission said it would "react to protect the interests of European businesses,

The European Commission has said on Monday (Feb 10), it will protect EU interests after US President Donald Trump announced plans to impose new tariffs on steel and aluminum imports. However, the EU will wait for official details before deciding on a response.

U.S. President Donald Trump has said he will impose tariffs on imports of steel and aluminium and raise rates to match those of other countries in the coming week. The United States and European Union have the world's largest commercial relationship,