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US' 50% Metal Tariffs Kick In As Deadline For 'Best Offers' Ends
Business Standard
|June 05, 2025
Doubling of levies to impact major trading partners like Canada and Mexico
The Washington doubled its tariffs on steel and aluminum imports on Wednesday, the same day President Donald Trump's administration expects trading partners to make "best offers" to avoid other punishing import levies from taking effect in early July.
European businesses called on the European Commission, which handles trade talks for the 27-nation EU, to do everything it can to remove the tariffs, as the bloc's trade negotiator Maros Sefcovic met with U.S. Trade Representative Jamieson Greer in Paris in the morning.
Sefcovic said he "had a productive and constructive discussion" with Greer, without giving any detail on the talks.
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