
EU Threatens Countermeasures as US Doubles Steel Tariffs
The EU warns of countermeasures as the US doubles steel tariffs to 50%, raising costs for consumers and businesses and threatening global economic stability.
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The EU warns of countermeasures as the US doubles steel tariffs to 50%, raising costs for consumers and businesses and threatening global economic stability.
Amid the US-China trade war, import data shows American homes rely heavily on Chinese mainland-made essentials, facing price hikes, fewer choices and potential shortages.
U.S. tariffs intended to protect jobs and security have backfired – driving up consumer costs, denting business value by $640 billion, and straining global partnerships.