US EditionEU Poised to Counter U.S. Steel Tariff Hike with New Measures
- On May 30, 2025, U.S. President Donald Trump announced doubling steel tariff rates from 25% to 50%, effective June 4, at a rally in Pennsylvania.
- The tariff hike followed extended negotiations between the U.S. And EU, with the EU pausing countermeasures since April 14 to allow talks, but now facing increased trade tensions.
- The European Commission voiced strong disappointment, noting that the tariff hike jeopardizes ongoing efforts to reach an agreement and creates additional instability for the world economy and international trade relations.
- Trump cited a pending $14 billion investment deal between U.S. Steel and Japan's Nippon Steel and claimed the tariffs will strengthen the domestic steel industry and supply.
- The EU is preparing to activate current and additional retaliatory measures by July 14, or earlier if necessary, demonstrating its readiness to respond should ongoing talks fail to produce a satisfactory agreement.
75 Articles
75 Articles
EU regrets increase in US steel tariffs
The European Commission said on Saturday that it "strongly" regrets an announced increase of US tariffs on steel imports and that the EU is prepared to impose countermeasures. US President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50% from 25%, putting more pressure on global steel producers and deepening his trade war. "We strongly regret the announced increase of US tariffs on steel imports f…
The EU Reacted Due to the New Tariffs on Steel and Aluminum Announced by Trump
The European Union "deeply regrets" the new tariffs on steel and aluminum announced by US President Donald Trump, which according to it "undermine ongoing efforts to reach a negotiated solution with the US", the European Commission said today in response to Trump's announcement.
Coverage Details
Bias Distribution
- 38% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
