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President Donald Trump has announced plans to impose 25% tariffs on all vehicles and foreign-made auto parts, escalating trade tensions with the European Union (EU).

The European Union is reducing tariff-free steel import quotas by 15% to protect its domestic industry from increased imports, particularly following U.S. trade barriers. Effective from April, these measures aim to bolster production and market share within the EU.

In March 2025, the U.S. imposed a 25% tariff on all steel and aluminum imports, aiming to bolster domestic production.

U.S. Imposes Tariffs on Steel and Aluminum: On March 12, 2025, the U.S. enforced a 25% tariff on all steel and aluminum imports, aiming to bolster domestic production.

US Steel and Aluminum Tariffs: On March 12, 2025, the U.S. imposed a 25% tariff on all steel and aluminum imports. This move aims to bolster domestic production but has sparked global concerns and retaliatory measures.

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In retaliation to the U.S.'s 25% tariffs on steel and aluminum imports, the European Union has announced counter-tariffs affecting approximately €26 billion worth of U.S. products. The list includes items such as bourbon, motorcycles, and agricultural products. These measures are set to impact businesses engaged in transatlantic trade.

The European Commission is considering implementing export duties and restrictions on scrap metal exports to support its aluminium industry, with potential duties reaching up to 25%.

On March 12, 2025, the U.S. imposed a 25% tariff on all steel and aluminum imports, aiming to bolster domestic production.

The U.S. has imposed a 25% tariff on steel and aluminum imports, aiming to boost domestic production. This move is expected to impact global supply chains and increase costs for industries relying on these metals.