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trade war - Latest news GMK Center

Photo – Tata Steel may be left out of the UK-US trade deal
Tata Steel may be left out of the UK-US trade deal

The government is working to get the company an exemption

Photo – New US duties disrupt EU steel market recovery by 2026 – EUROFER
New US duties disrupt EU steel market recovery by 2026 – EUROFER

Due to trade turmoil in the EU, steel consumption is expected to fall for the fourth consecutive year

Photo – US trading partners react to doubling of steel tariffs
US trading partners react to doubling of steel tariffs

Countries are negotiating with the United States, but are ready to take retaliatory measures

Photo – EUROFER calls for immediate action over 50% US steel duty
EUROFER calls for immediate action over 50% US steel duty

The European Commission should quickly introduce new barriers to save the steel market from collapse

Photo – Trump raises tariffs on steel and aluminum imports to the US to 50%
Trump raises tariffs on steel and aluminum imports to the US to 50%

Duties on metals imported from the UK will remain at 25% at least until July 9

Photo – EU may speed up tariffs in response to US duties
EU may speed up tariffs in response to US duties

The bloc is preparing for the next round of trade negotiations

Photo – Canadian steel producers call for immediate response to Trump’s tariffs
Canadian steel producers call for immediate response to Trump’s tariffs

Industry Association Demands Government Response to US Steel Duty Increase to 50%

Photo – Doubling of US tariffs on steel imports will put pressure on European steel industry – WV Stahl
Doubling of US tariffs on steel imports will put pressure on European steel industry – WV Stahl

On May 30, Trump announced a 50% increase in tariffs on steel and aluminum imports to the United States

Photo – Tariff war: the first major agreement and the EU’s push
Tariff war: the first major agreement and the EU’s push

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

Photo – EU presents new trade proposal to the US – Bloomberg
EU presents new trade proposal to the US – Bloomberg

The document, in particular, proposes cooperation in export control and combating excess capacity

Photo – India considers countermeasures against US steel duties
India considers countermeasures against US steel duties

The country notified the WTO of its intention to impose retaliatory tariffs

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