Trump says will double steel, aluminium tariffs to 50pc
US President Donald Trump’s announcement that he would double steel and aluminium import tariffs to 50 per cent from next week drew ire from the European Union Saturday in the latest salvo in his trade wars aimed at protecting domestic industries. The EU warned it was “prepared” to retaliate against the latest tariffs, adding the sudden move “undermines ongoing efforts to reach a negotiated solution” between the bloc and the United States. “We’re going to bring it from 25 percent to 50pc, the tariffs on steel into the United States of America,” Trump said Friday while addressing workers at a US Steel plant in Pennsylvania. “Nobody’s going to get around that,” he added in the speech before blue-collar workers in the battleground state that helped deliver his election victory last year.