US President Donald Trump has implemented higher tariffs on steel and aluminium, increasing them from 25 to 50 percent. The European Union has expressed its strong disapproval of the decision to raise the metal tariffs, and has stated that it is prepared to retaliate.
Source: https://www.france24.com/en/live-news/20250604-us-doubles-steel-aluminum-tariffs-as-oecd-ministers-gather
Trump’s steel and aluminum tariff rates have been increased to double the current amount.
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