{"id":149327,"date":"2025-06-01T11:30:16","date_gmt":"2025-06-01T11:30:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/149327\/"},"modified":"2025-06-01T11:30:16","modified_gmt":"2025-06-01T11:30:16","slug":"eu-warns-of-retaliation-as-trump-doubles-tariffs-on-steel-and-aluminum-imports-world-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/149327\/","title":{"rendered":"EU warns of retaliation as Trump doubles tariffs on steel and aluminum imports – World News"},"content":{"rendered":"

The European Union <\/a>has warned that it is ready to take action against US President Donald Trump<\/a>\u2019s decision to double the tariffs on steel and aluminium imports. The US will increase tariffs from 25% to 50%, a decision that has raised concerns of a renewed trade war between two of the world\u2019s largest economies. The announcement came just after Trump blamed China of failing to uphold an earlier agreement to lower down trade barriers.<\/p>\n

Europe says it may enforce its own tariffs<\/p>\n

The EU has strongly criticised the raise in the tariff, stating that it harms the ongoing negotiations. \u201cThis decisions adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic,\u201d a Commission spokesperson stated. They added that the EU had stopped its own tariffs<\/a> for allowing space for talks, but is now planning to take action.<\/p>\n

\"\"<\/p>\n

\u201cIf no mutually acceptable solution is reached, both existing and additional EU measures will automatically take effect on 14 July or earlier, if circumstances require,\u201d the spokesperson confirmed. The EU\u2019s reaction highlights the increasing tensions over trade, especially as talks with the US continue to be unsolved.<\/p>\n

Canada and Australia criticises the move<\/p>\n

Trump made the tariff declaration while giving a speech near Pittsburgh, celebrating a $14.9 billion deal between US Steel and Nippon Steel<\/a>. He also made a claim that it would protect American jobs. Later, he confirmed the higher duties will also cover aluminium and will come into effect from Wednesday.<\/p>\n

Canada<\/a>\u2019s Chamber of Commerce termed the decision damaging to the economic ties. \u201cUnwinding the efficient, competitive and reliable cross-border supply chains like we have in steel and aluminium comes at a great cost to both the countries,\u201d chamber president Candace Laing stated.<\/p>\n

Australia<\/a>\u2019s Trade Minister Don Farrell also slammed the measures, calling it \u201cunjustified and not a act of a friend.\u201d<\/p>\n

Experts caution that new tariffs will increase costs for both consumers as well for the manufacturers in several countries. Globally, the US is the largest steel importer outside the EU, bringing in over 26 million tons in 2024.<\/p>\n

(With inputs from Reuters)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"The European Union has warned that it is ready to take action against US President Donald Trump\u2019s decision…\n","protected":false},"author":2,"featured_media":149328,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,63933,63932,299,5187,1699,3055,63935,1219,554,63934,263],"class_list":{"0":"post-149327","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-eu-statement-against-trump-tariffs","10":"tag-eu-warns-retaliation-on-us-tarris","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-global-economy","15":"tag-latest-news-on-european-union","16":"tag-trade-war","17":"tag-trump-tariffs","18":"tag-us-eu-trade-talks","19":"tag-world-news"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114607883784874955","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/149327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=149327"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/149327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/149328"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=149327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=149327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=149327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}