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EU strongly regrets US steel tariff hike from 25% to 50%
short by Girish Kumar Anshul / on Saturday, 31 May, 2025
The European Commission said on Saturday, "We strongly regret the...increase of US tariffs on steel imports...from 25% to 50%." It added that the move would raise costs for consumers and businesses. The EU paused countermeasures to create space for continued talks but warned that if no mutual understanding is reached, additional EU measures will take effect on 14 July.
read more at Reuters