Marosh Shefchovich, the European Commissioner in Trade, noted that the current situation is constantly changing, so the size of any duties can still change.
Participants in the European metal distribution market expect that the number of goods affected by duties will be four times more than in 2018, since derivatives of steel products are also included in the list of goods subject to duties.
On February 10, Trump announced the introduction of 25 percent duties on the import of steel and aluminum from trading partners with duty-free benefits or agreements on tariff quotas, such as the EU.
According to the census of the US Department of Trade, in 2024, exports from the EU to the United States amounted to 3.89 million tons, and the export cost - $ 6.99 billion.
