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trade war - Latest news GMK Center

Photo – Canadian steelmakers have called for an end to the tariff war between the US and Canada
Canadian steelmakers have called for an end to the tariff war between the US and Canada

Following the introduction of a 50% tariff on Canadian steel, imports of the product into the US fell sharply

Photo – Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER
Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER

The industry association believes that the parties should discuss the possibility of duty-free quotas

Photo – The US will impose 25% tariffs on cars if the EU does not approve the trade agreement
The US will impose 25% tariffs on cars if the EU does not approve the trade agreement

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

Photo – The EU has rejected the US plan to resolve the dispute over steel tariffs
The EU has rejected the US plan to resolve the dispute over steel tariffs

The bloc is considering possible countermeasures, although technical discussions with the U.S. are ongoing

Photo – The US has adjusted tariffs on steel, aluminum, and related products
The US has adjusted tariffs on steel, aluminum, and related products

The Trump administration aims to simplify compliance and prevent the undervaluation of imports

Photo – The EU expects the US to lower tariffs on steel and aluminum products
The EU expects the US to lower tariffs on steel and aluminum products

The bloc faced a transition period in trade relations with the United States

Photo – US trading partners hope for compliance with agreements reached
US trading partners hope for compliance with agreements reached

In particular, the EU is awaiting clarification on Washington's next steps following the Supreme Court's decision

Photo – Trump plans to scrap some tariffs on steel products – FT
Trump plans to scrap some tariffs on steel products – FT

The US presidential administration is currently reviewing the list

Photo – The European Parliament has unblocked a trade agreement with the US under new conditions
The European Parliament has unblocked a trade agreement with the US under new conditions

The institutional version includes provisions on expiry and suspension

Photo – Trade wars: how Trump’s factor affects the global economy
Trade wars: how Trump’s factor affects the global economy

The US president continues to use tariffs as an argument in economic and political disputes

Photo – The United States will reduce tariffs on imports from India to 18%
The United States will reduce tariffs on imports from India to 18%

Among other things, India will have to stop purchasing Russian oil

Photo – The US should not question the trade agreement with the EU – Merz
The US should not question the trade agreement with the EU – Merz

The German chancellor called for a final decision in this dispute

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