German Steel Federation President: US Steel Tariffs Exert Tremendous Pressure on European Steel Industry
1 day ago / Read about 0 minute
Author:小编   

President Trump of the United States has announced that tariffs on imported steel and aluminum will be escalated from 25% to 50% as of the beginning of June. Axel Eggert, the President of the German Steel Federation, has voiced his concern over this measure, contending that it will further intensify transatlantic trade tensions and impose immense pressure on the European steel industry.