EU 'prepared to impose countermeasures' after Trump doubles steel tariffs to 50%
2025-06-01 13:10:06 source：CNBC
May 31, 2025
The European Union on Saturday criticized President Donald Trump's move to double tariffs on steel imports, warning that it "undermines" efforts to reach a "negotiated solution" in the ongoing trade war.
"We strongly regret the announced increase of U.S. tariffs on steel imports from 25% to 50%," an EU spokesperson said in a statement to NBC News.
"This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic," the spokesperson continued.
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