Wednesday, June 4, 2025
No Result
View All Result
Shorouk Express
Advertisement
  • Home
  • World
  • Europe
  • Africa
  • Maghrab
  • Policies
  • Companies
  • Economy
  • Security & Defense
  • Sports
  • Technology
  • Culture
  • Home
  • World
  • Europe
  • Africa
  • Maghrab
  • Policies
  • Companies
  • Economy
  • Security & Defense
  • Sports
  • Technology
  • Culture
No Result
View All Result
Shorouk Express
No Result
View All Result
Home Europe

EU prepared to counter new Trump tariffs

1 June 2025
in Europe
Reading Time: 1 mins read
0 0
A A
0
EU prepared to counter new Trump tariffs
Share on FacebookShare on Twitter

Shorouk Express

Trump announced on Friday a new 50 percent tariff on steel and aluminum would take effect on June 4, up from the previous rate of 25 percent. “At 50 percent, they can no longer get over the fence,” Trump said during a speech at a U.S. Steel facility in West Mifflin, Pennsylvania.

The chair of the European Parliament’s trade committee said on Saturday that the EU should roll out countermeasures “immediately” if Trump follows through on his tariff threat.

“We have our countermeasures ready for the unjustified tariffs on steel and aluminum. If what has been announced really becomes reality, then we should apply these counter-tariffs immediately,” German MEP Bernd Lange said in a post on X.

The European Commission said it is finalizing consultations on expanded countermeasures to Trump’s tariffs. “If no mutually acceptable solution is reached, both existing and additional EU measures will automatically take effect on July 14 — or earlier, if circumstances require,” it said.

Trump has been grappling with U.S. courts over his authority to impose tariffs on foreign goods. Two court rulings this week struck down his use of the International Economic Emergency Powers Act to impose reciprocal tariffs on countries around the world as well as duties aimed at China, Canada and Mexico. The tariffs remain in effect after a federal appeals court issued a temporary stay. 

Trump administration officials have promised to use other tools to pursue the tariffs policy while fighting their case on appeal.

Source link

Tags: counterpreparedtariffsTrump
Previous Post

EU-Brazil relations: President Costa to travel to Brazil to strengthen partnership and launch investment dialogue

Next Post

Power in Your Pocket: How the Literider 2.0 Is Redefining What a Folding E-Bike Can Be

Related Posts

PashaPay partners with Mastercard under MOU at Money 20/20 Europe to enhance strategic collaboration
Europe

PashaPay partners with Mastercard under MOU at Money 20/20 Europe to enhance strategic collaboration

4 June 2025
As Bulgaria prepares to join the euro, Poland couldn’t be less interested
Europe

As Bulgaria prepares to join the euro, Poland couldn’t be less interested

4 June 2025
Starmer urged to intervene in ‘never-ending nightmare’ of Aung San Suu Kyi
Europe

Starmer urged to intervene in ‘never-ending nightmare’ of Aung San Suu Kyi

4 June 2025
Education Secretary Linda McMahon struggles to add up proposed budget cuts
Europe

Education Secretary Linda McMahon struggles to add up proposed budget cuts

4 June 2025
Azerbaijan reports uptick in monetary base
Europe

Azerbaijan reports uptick in monetary base

3 June 2025
Britain’s in a legal minefield as it tries to hand Abramovich billions to Ukraine
Europe

Britain’s in a legal minefield as it tries to hand Abramovich billions to Ukraine

3 June 2025
Next Post
Power in Your Pocket: How the Literider 2.0 Is Redefining What a Folding E-Bike Can Be

Power in Your Pocket: How the Literider 2.0 Is Redefining What a Folding E-Bike Can Be

KazMunayGas unveils first hybrid power plant to cut carbon emissions in Kazakhstan

KazMunayGas unveils first hybrid power plant to cut carbon emissions in Kazakhstan

  • Trending
  • Comments
  • Latest
EXPLAINED: Inheritance and gift tax in Spain’s 17 regions in 2025

EXPLAINED: Inheritance and gift tax in Spain’s 17 regions in 2025

4 March 2025
The Global Impact of Middle Eastern Oil – A Story of Power and Politics

The Global Impact of Middle Eastern Oil – A Story of Power and Politics

14 February 2025
The Role of Storytelling in Arabic Literature – From Folktales to Modern Novels

The Role of Storytelling in Arabic Literature – From Folktales to Modern Novels

14 February 2025
How Trade Routes Have Shaped Middle Eastern Economies for Centuries

How Trade Routes Have Shaped Middle Eastern Economies for Centuries

14 February 2025
What happens if I have Spain’s digital nomad visa and I lose my job?

What happens if I have Spain’s digital nomad visa and I lose my job?

18 February 2025
ChatGPT Plus Is Now Free Until the End of May, but There’s a Catch

ChatGPT Plus Is Now Free Until the End of May, but There’s a Catch

6 April 2025
Intel leak confirms new CPUs: Bartlett Lake and Wildcat Lake

Intel leak confirms new CPUs: Bartlett Lake and Wildcat Lake

4 June 2025
PashaPay partners with Mastercard under MOU at Money 20/20 Europe to enhance strategic collaboration

PashaPay partners with Mastercard under MOU at Money 20/20 Europe to enhance strategic collaboration

4 June 2025
As Bulgaria prepares to join the euro, Poland couldn’t be less interested

As Bulgaria prepares to join the euro, Poland couldn’t be less interested

4 June 2025
Starmer urged to intervene in ‘never-ending nightmare’ of Aung San Suu Kyi

Starmer urged to intervene in ‘never-ending nightmare’ of Aung San Suu Kyi

4 June 2025
Samsung announces an Ultra-branded foldable is coming — Galaxy Z Fold Ultra?

Samsung announces an Ultra-branded foldable is coming — Galaxy Z Fold Ultra?

4 June 2025
Education Secretary Linda McMahon struggles to add up proposed budget cuts

Education Secretary Linda McMahon struggles to add up proposed budget cuts

4 June 2025
Shorouk Express

Stay informed with Shorouk Express - your premier destination for global news, in-depth analysis, and updates on current events. Get the latest news from around the world delivered straight to you.

Categories

  • Africa
  • Companies
  • Culture
  • Economy
  • Europe
  • Health
  • Maghrab
  • Policies
  • Security & Defense
  • society
  • Sports
  • Technology
  • Uncategorised
  • Uncategorized
  • World

Latest Updates

  • Intel leak confirms new CPUs: Bartlett Lake and Wildcat Lake
  • PashaPay partners with Mastercard under MOU at Money 20/20 Europe to enhance strategic collaboration
  • As Bulgaria prepares to join the euro, Poland couldn’t be less interested
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Shorouk Express.
Shorouk Express is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • World
  • Europe
  • Africa
  • Maghrab
  • Policies
  • Companies
  • Economy
  • Security & Defense
  • Sports
  • Technology
  • Culture

Copyright © 2024 Shorouk Express.
Shorouk Express is not responsible for the content of external sites.