EU Threatens Countermeasures as Trump Doubles Steel Tariffs to 50%
TL;DR Summary
The EU criticized President Trump’s decision to double steel tariffs to 50%, warning it undermines global trade efforts and is prepared to impose countermeasures if no negotiated solution is reached, amid ongoing tensions in the US-China trade relations and concerns over impacts on industries and workers.
- EU 'prepared to impose countermeasures' after Trump doubles steel tariffs to 50% CNBC
- Trump announces new steel tariffs, bonuses and no layoffs while touting U.S. Steel-Nippon deal in West Mifflin Pittsburgh Post-Gazette
- Trump Pledges to Double Tariffs on Foreign Steel and Aluminum to 50% The New York Times
- Steel workers and USW react to President Trump's speech at US Steel plant WTAE
- Trump leaves US Steel deal details up in the air, but raises steel tariffs Axios
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
89%
429 → 46 words
Want the full story? Read the original article
Read on CNBC