EU to Impose Countermeasures Against US Steel Tariffs

Brussels, Belgium – June 2, 2025. The European Union is prepared to impose countermeasures against the United States following a recent surprise tariff increase on steel imports. This announcement comes from Olof Gill, spokesperson for the European Commission, who stated, "We strongly regret the announced increase of steel tariffs from 25% to 50% by the US." The EU had previously paused its own retaliatory measures on April 14th to allow for continued negotiations with Washington. However, Gill emphasized that if these negotiations do not result in a balanced agreement, the EU's countermeasures will automatically take effect on July 14th, or earlier if circumstances demand. Gill's statement highlights the growing tension between the US and EU, underscoring the economic consequences of protectionist trade policies. The EU's willingness to act decisively underscores the seriousness of the situation and the potential for wider economic repercussions.