Europe retaliates against Trump tariffs - as UK steel industry warns US levies 'couldn't come at a worse time'

  • by:
  • Source: LBC
  • 03/12/2025
The tariffs, which see a 25% levy applied to international imports of steel and aluminium, came into effect at midnight on Tuesday (around 4am GMT), with British steel and aluminium industries bracing for the impact.

It comes as Trump insisted the chaos triggered by the tariffs is necessary to "rebuild our country".

In the last few hours, the European Union said it will impose retaliatory measures on US goods starting on April 1.

The move marks an escalating trade war triggered by the US, with a host of traditional trading partners, including the US and Canada, facing increasingly difficult restrictions on exports.

The US tariffs pose a real threat to UK steel exports - worth around £350m annually.

Read Full Article Here
 
Trump by is licensed under

Follow us

Read our latest news on any of these social networks!

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!

Recent Articles

  • by:
  • Source: Vice
  • 03/12/2025
...
Meta Is All About Free Speech—Except They Built a Censorship Tool for China

You might remember the video in which Mark Zuckerberg, donned in the outfit of his newly acquired hypebeast persona, ushered in the second Trump administration by declaring that “it’s time to get back to our roots around free expression.” Suddenly, Zuckerberg was a free-speech warrior, which is code for willfully throwing our most vulnerable under the bus to appease conservatives.

...
US inflation cooled in February, but Trump’s tariff plans and trade war loom

Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.

  • by:
  • Source: SAN
  • 03/11/2025
...
US officials to press Ukraine on peace talks in Saudi Arabia meeting Tuesday

U.S. officials will meet in Saudi Arabia to assess Ukraine’s openness to negotiating an end to the war with Russia. The Trump administration seeks a “realistic peace deal” amid strained relations with Ukrainian President Volodymyr Zelenskyy.

  • by:
  • Source: NY Post
  • 03/11/2025
...
Southwest Airlines will charge to check bags for first time — breaking longstanding tradition

The airline on Tuesday said it will end its decades-old free bag check policy – another break from tradition as the company tries to ward off advances from activist investors.