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EU to Respond to Trump's Proposed 50% Steel Tariffs

Published 2 weeks ago2 minute read
EU to Respond to Trump's Proposed 50% Steel Tariffs

President Donald Trump announced on May 30, 2025, during a rally at the U.S. Steel-Irvin Works in West Mifflin, Pennsylvania, his intention to double tariffs on steel imports from 25% to 50%. This move, set to take effect on June 4, has drawn sharp criticism from the European Union and Canadian steel industry representatives, escalating concerns within the ongoing trade discussions.

The European Union swiftly responded to the announcement, expressing strong regret. An EU spokesperson stated that the tariff hike "undermines" efforts to find a "negotiated solution" to existing trade disputes. "This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic," the spokesperson conveyed to NBC News. The EU had previously paused its countermeasures against the U.S. on April 14 to facilitate negotiations. However, with this new development, the spokesperson confirmed that the EU is "prepared to impose countermeasures, including in response to the latest U.S. tariff increase." The European Commission is reportedly finalizing consultations on expanded countermeasures, which are set to automatically take effect on July 14, or potentially earlier if circumstances dictate, should a mutually acceptable solution not be reached.

The United Steelworkers union (USW) in Canada also condemned President Trump's decision. Marty Warren, United Steelworkers National Director for Canada, described the tariff increase as a "direct attack on Canadian industries and workers." Warren highlighted the potential repercussions, stating, "Thousands of Canadian jobs are on the line and communities that rely on steel and aluminum are being put at risk." He urged the Canadian government to respond "immediately and decisively to defend workers."

During the rally in Pennsylvania, President Trump also addressed the controversial proposed deal between Nippon Steel and U.S. Steel. While signaling his potential approval earlier in the month, Trump mentioned an "agreement" between the two companies but clarified that the deal was not yet final. He assured supporters that the arrangement would result in "no layoffs and no outsourcing whatsoever."

This tariff escalation occurs amidst a complex backdrop of other political and legal developments involving President Trump. Reports from CNBC and other sources indicate ongoing discussions about China's alleged violation of a preliminary trade deal, recent court decisions regarding Trump's tariffs, a sex trafficking case involving an associate, potential pardons for reality TV stars convicted of fraud and tax evasion, and judicial criticism of a Trump executive order targeting a top law firm. These concurrent events contribute to a volatile atmosphere surrounding U.S. trade policy and international relations.

From Zeal News Studio(Terms and Conditions)
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