Highlights

  • EU vows strong retaliation against US steel tariffs
  • Trump imposes 25% tariffs on steel, aluminium imports
  • EU warns tariffs will harm economy and fuel inflation

Latest news

Energy key to India's national resilience: Sagar Adani

Energy key to India's national resilience: Sagar Adani

Sajid Nadiadwala banner enters Gujarati cinema with 'Dhabkaaro', film to release on May 1

Sajid Nadiadwala banner enters Gujarati cinema with 'Dhabkaaro', film to release on May 1

Louvre Furnishings Group's Global Home Carnival Gains Momentum, Blending Trade, Culture and Holiday Promotions

Louvre Furnishings Group's Global Home Carnival Gains Momentum, Blending Trade, Culture and Holiday Promotions

Strait of Hormuz disruption may push global food prices higher in coming years, warns Economics Professor, Singapore

Strait of Hormuz disruption may push global food prices higher in coming years, warns Economics Professor, Singapore

Anondita Medicare Limited- Update on Qualification as Vendor under South Africa Government Tender (RT75-2025)

Anondita Medicare Limited- Update on Qualification as Vendor under South Africa Government Tender (RT75-2025)

Liebherr Appliances India Strengthens Its Commitment to India with the Expansion of Its FreshBreeze Range

Liebherr Appliances India Strengthens Its Commitment to India with the Expansion of Its FreshBreeze Range

Delhi HC to pass interim order on Arjun Kapoor's plea seeking personality rights protection

Delhi HC to pass interim order on Arjun Kapoor's plea seeking personality rights protection

Didn't Get IIT CSE? These B.Tech AI-First Programs Are Competing With IIT-Level Outcomes

Didn't Get IIT CSE? These B.Tech AI-First Programs Are Competing With IIT-Level Outcomes

EU leaders vow 'firm' response to US tariffs

The EU has condemned Trump’s decision to impose 25% tariffs on steel and aluminium imports, vowing firm retaliation to protect its economic interests.

EU leaders vow 'firm' response to US tariffs

EU chief Ursula von der Leyen vowed on Tuesday to retaliate firmly against US President Donald Trump's decision to impose tariffs on steel and aluminium imports.

German Chancellor Olaf Scholz also said the European Union would present a united front and "act together as the largest market in the world".

Trump signed executive orders to impose 25 percent tariffs on steel and aluminium imports from March 12, despite warnings from Europe and China.

"I deeply regret the US decision to impose tariffs on European steel and aluminium exports," European Commission president von der Leyen said in a statement.

"Unjustified tariffs on the EU will not go unanswered -- they will trigger firm and proportionate countermeasures. The EU will act to safeguard its economic interests. We will protect our workers, businesses and consumers," she added.

EU trade chief Maros Sefcovic said it was "a lose–lose scenario", warning that tariffs were "economically counterproductive".

"By imposing tariffs, the US will be taxing its own citizens, raising costs for its own business, and fuelling inflation," he told the EU parliament in Strasbourg, France.

In one executive order, Trump said: "As of March 12, 2025, all imports of aluminum articles and derivative aluminium articles from Argentina, Australia, Canada, Mexico, EU countries, and the UK shall be subject to the additional ad valorem tariff."

He issued a separate order for steel, which said it would apply to all imports from the same countries the aluminium tariffs hit, as well as to Brazil, Japan and South Korea.

The US president indicated further additional customs duties could be on the way for cars, pharmaceuticals and computer chips.

His latest orders will feel like deja vu for Europe.

In 2018, Trump slapped tariffs during his first presidency on steel and aluminium exports -- forcing the EU to respond with its own higher duties.

The American Chamber of Commerce to the EU also said on Tuesday that it opposed Trump's decision, warning it would "have a wide-reaching and overwhelmingly negative impact on jobs, prosperity and security on both sides of the Atlantic".

ADVERTISEMENT

Up Next

EU leaders vow 'firm' response to US tariffs

EU leaders vow 'firm' response to US tariffs

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

India is a great country: Trump after controversial social media repost

India is a great country: Trump after controversial social media repost

Trump says Iran violated truce as doubt surrounds peace talks

Trump says Iran violated truce as doubt surrounds peace talks

Iran says 'no decision' yet on joining new round of US peace talks

Iran says 'no decision' yet on joining new round of US peace talks

US to blockade Iran ports 'as long as it takes': Pentagon chief

US to blockade Iran ports 'as long as it takes': Pentagon chief

ADVERTISEMENT

editorji-whatsApp

More videos

Israel vows to fight on as Iran warns ceasefire talks at risk

Israel vows to fight on as Iran warns ceasefire talks at risk

Trump says 'no enrichment' of uranium in Iran

Trump says 'no enrichment' of uranium in Iran

Pakistan to host US-Iran ceasefire talks on Friday

Pakistan to host US-Iran ceasefire talks on Friday

Iran hits Gulf states after agreeing 'fragile' truce with US

Iran hits Gulf states after agreeing 'fragile' truce with US

Trump warns 'whole civilization will die' in Iran if ultimatum expires

Trump warns 'whole civilization will die' in Iran if ultimatum expires

Trump threatens to destroy Iran oil island despite price surge

Trump threatens to destroy Iran oil island despite price surge

Rapper-turned-politician Balen Shah becomes Nepal’s youngest democratically elected PM

Rapper-turned-politician Balen Shah becomes Nepal’s youngest democratically elected PM

Iran warns civilians as Trump says talks 'going well'

Iran warns civilians as Trump says talks 'going well'

Trump says Iran 'better get serious' in Mideast war talks

Trump says Iran 'better get serious' in Mideast war talks

Trump announces 'very good' US-Iran talks, halts strikes on power plants; Iran denies any negotiations

Trump announces 'very good' US-Iran talks, halts strikes on power plants; Iran denies any negotiations

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.