EU proposes 50% steel tariffs mirroring Trump
NegativeWorld Affairs

The European Union has proposed imposing 50% tariffs on steel imports, a move reminiscent of former President Trump's trade policies. Ursula von der Leyen, the President of the European Commission, argues that global overcapacity is harming the EU's steel industry. This proposal is significant as it reflects ongoing tensions in international trade and could lead to retaliatory measures from affected countries, impacting global markets and industries.
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