Donald Trump's administration kept his trading on tenterhooks before tabling the decision: the EU, Canada and Mexico continue to apply exemptions to import duties on steel and aluminium — until 1 June.
The threat of steeper US tariffs on EU-assembled vehicles could lead to a global trade war. German automakers, which produce more vehicles in the US than they export there, are in the Trump administration's crosshairs.
US President Donald Trump has threatened new tariffs on Chinese imports, raising fears of an escalating trade war. Trump threatened further sanctions should China — which accuses the US of "blackmail" — retaliate.
The United States has made true on its promise to hit the European Union with higher import tariffs on steel and aluminum. But there needs to be a distinction between bluster and true inequality says DW's Timothy Rooks.
Turkey is imposing higher tariffs on about 20 US products ranging from sunscreen to cars, the government in Turkey has confirmed. The move comes in retaliation to Washington's duties on imported steel and aluminum.
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