Brussels (AFP) Following the imposition of US punitive tariffs on EU products, the European Commission announced punitive tariffs on US products on Friday. "We regret the US decision, but this move leaves us no alternative but to impose punitive tariffs," said EU Trade Commissioner Cecilia Malmström in Brussels. To levy tariffs on each other is not in anyone's interest. The consequences would have to be borne by the aviation industry and many other sectors already suffering trade disputes.