The European Union criticized President Donald Trump’s move to hike tariffs on steel imports, saying it “adds further uncertainty to the global economy.”
Trump announced Friday he was doubling tariffs on steel imports to 50% from 25%.
An EU spokesperson said it is “prepared to impose countermeasures, including in response to the latest U.S. tariff increase.”
“If no mutually acceptable solution is reached, both existing and additional EU measures will automatically take effect on 14 July—or earlier, if circumstances require,” the spokesperson said.