EU Threatens Countermeasures as Trump Doubles Steel Tariffs to 50%

1 min read
Source: CNBC
EU Threatens Countermeasures as Trump Doubles Steel Tariffs to 50%
Photo: CNBC
TL;DR

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.

Share this article

Want the full story? Read the original reporting

Read on CNBC