EU ‘strongly’ regrets US plan to double steel tariffs

The EU has expressed strong regret over President Trump’s announcement to double tariffs on steel and aluminium imports from 25% to 50%, a move that jeopardizes ongoing trade negotiations. Trump claims this increase will bolster the local steel industry and is part of a broader strategy to reduce dependence on imports from countries like China. The European Commission warns that this decision undermines efforts for a negotiated solution and indicates readiness to implement countermeasures, raising concerns about the UK’s own tariff agreement with the US, which remains unsigned.

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