EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50%
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Euronews.com
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President Trump announced a doubling of tariffs on steel and aluminium imports, effective Wednesday, aiming to strengthen the US steel industry. The EU expressed regret over this decision, citing increased uncertainty in the global economy. Trump discussed a potential investment deal with Japan's Nippon Steel at a US Steel plant, despite previous opposition to foreign acquisition. Concerns about national security and local impacts were raised by the United Steelworkers union. Analysts suggest the tariffs have bolstered the domestic steel industry, with implications for upcoming midterm elections. Teljes cikk (Euronews.com)