EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50%
During a rally at a steel plant the US president announced that he will double tariffs on steel imports. Afterwards, he announced the same for aluminium. The measure, which would hit Europe hard, is supposed to come into force on 4 June.
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00:00The European Union strongly regrets U.S. President Donald Trump's decision to double tariffs on steel and aluminium imports to 50 percent, a European Commission spokesperson said in a statement to media.
00:15It comes after Trump made the announcement to steel workers at a rally in Pennsylvania.
00:20At 50 percent, they can no longer get over the fence. So congratulations to everybody and to you for making a great deal. You just made a better deal, right?
00:33In a post on social media, Trump said the tariff hikes would go into effect on Wednesday.
00:38The European Commission spokesperson said the move undermines ongoing efforts to reach a negotiated solution and that the EU is prepared to impose countermeasures.
