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Trump's tariff hike reignites EU trade war fears

Trump hails “blockbuster” US Steel-Nippon deal and doubles effective tariffs, spurs gold price rise

Joshua Smith
Trump's tariff hike reignites EU trade war fears

Credits: Shutterstock

US President Donald Trump on Friday announced a doubling on steel and aluminium tariffs from 25% to 50% from Wednesday, June 4.  Speaking in Pittsburgh, the home of local steelmaker US Steel Corp that...

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