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trade war - Latest news GMK Center

Photo – EU approves countermeasures against US duties on steel and aluminum imports
EU approves countermeasures against US duties on steel and aluminum imports

Brussels also noted its commitment to a negotiated solution

Photo – China raises tariffs on US goods to 84%
China raises tariffs on US goods to 84%

The new rate will come into force on April 10

Photo – US imposes 104% tariffs on imports from China
US imposes 104% tariffs on imports from China

Duties at this rate will be charged from April 9

Photo – German steelmakers call for rapid implementation of the EU Steel Action Plan
German steelmakers call for rapid implementation of the EU Steel Action Plan

European steel industry concerned about broader impact of US tariffs

Photo – The EU is preparing a phased response to US duties
The EU is preparing a phased response to US duties

Bloc to vote on plan to retaliate against Trump's tariffs on April 9

Photo – JPMorgan raises global recession risk assessment to 60% in 2025
JPMorgan raises global recession risk assessment to 60% in 2025

The Bank believes that the biggest risk to the global outlook is the destructive US policy

Photo – China announces additional 34% tariffs on US goods
China announces additional 34% tariffs on US goods

The duty will be introduced on April 10

Photo – Trump announces 25% tariffs on car imports to the US
Trump announces 25% tariffs on car imports to the US

The tariffs are to enter into force on April 3

Photo – Trump’s trade war could lead to a global financial crisis
Trump’s trade war could lead to a global financial crisis

Increased trade barriers and political uncertainty always lead to huge consequences

Photo – EU postpones retaliatory duties on US goods until mid-April
EU postpones retaliatory duties on US goods until mid-April

Brussels seeks to minimize the negative effects of the trade conflict on the economy

Photo – EU strong enough to resist US tariffs – Scholz
EU strong enough to resist US tariffs – Scholz

European politicians consider the best way to reach an agreement

Photo – US duties on steel and aluminum will affect millions of tons of imports
US duties on steel and aluminum will affect millions of tons of imports

Deployment of new capacities will not be fast for US steelmakers, analysts say

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