The European Commission is investigating whether to tighten its current system of quotas on steel imports to protect EU producers from new tariffs U.S. President Donald Trump plans to impose on incoming steel and aluminium on March 12.

Hoping to head off a potential trade conflict, a top European Union official stressed the importance of active engagement and fairness in trade during a four-hour meeting with Trump administration

Donald Trump said on Tuesday he plans to impose a 25% tariff on auto, semiconductor, and pharmaceutical imports to the U.S. as early as April 2nd. The move follows his recent 10% tariff on Chinese goods and 25% steel and aluminum tariffs.

U.S. President Donald Trump on Tuesday said he would probably announce 25% tariffs on imports of cars, semiconductors and pharmaceuticals on April 2, marking a widening of targeted sectors after previously imposing levies on imports of steel and aluminum.