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May 30, 2025executiveTrade PolicyManufacturingInternational Relations

Commerce Department Raises Steel Tariffs as EU Files WTO Complaint

The Trump administration's Commerce Department raised tariffs on imported steel, while the European Union simultaneously filed a formal complaint with the World Trade Organization. The move escalated a transatlantic trade dispute, threatening retaliatory measures on American exports and raising prices for U.S. manufacturers dependent on steel inputs.