U.S. Doubles Tariffs on Steel and Aluminum

President Trump signed an executive order doubling tariffs on steel and aluminum imports to 50%. The UK secured a temporary exemption, while trade talks between the U.S. and EU advanced, with both sides describing recent meetings as "constructive," though the EU criticized the U.S. tariff hike on steel.

Author: Global Ripple

Posted on: June 05, 2025