import duties - Latest news GMK Center

U.S. steelmakers saw increased revenue and investment, while consumers faced rising costs

This measure is intended to protect the country's steel industry

Trump may completely abandon the agreements if the European Union imposes additional trade measures in response

In 2026, customs duties on these products will amount to 10% of the value of the goods

Tariffs of up to 50% will come into effect at the beginning of 2026

The country already applies import quotas on low-ash metallurgical coke, which will expire in December

The European Commission has proposed that the United States abolish or reduce tariffs within quotas

Government working on scheme to promote clean technologies in steel industry

At the same time, the US president gave Mexico another 90 days to work on the agreement

The bloc could quickly impose 30% tariffs on US goods worth around €100 billion

The company sees a positive impact from Trump's tariffs and calls on Canada to take tougher protective measures

Duties will lead to increased costs and time in wind energy and electricity transmission