Solid definitions hit 50 % of Trump the world, but the UK spared a full blow

The American definitions entered the spotlight again in Europe on Wednesday, when US President Donald Trump started space at steel and aluminum imports into the United States.

He announced last week and Trump signed it on TuesdayThe demand for definitions doubles from 25 % to 50 % on all mineral imports of the United States, as the president stated that this step will protect the American steel industry amid a flood of foreign steel imports cheaper and weakest global demand.

Canada and Mexico are The largest source of the United StatesWith other major sources, including Brazil and South Korea.

European steel exporters of the United StatesIncluding those in Germany, Italy, Sweden and the Netherlands, will heavily strike the new 50 % tax. The UK was temporarily postponed, with a 25 % tariff while details were laid on the recently signed commercial deal with the United States.

Trump said, while signing the solid definition order on Tuesday, that the UK cancels a “different treatment” of its European peers due to “Economic Prosperity Deal” on May 8.

The customs tariff is expected to be removed by 25 % as part of the commercial deal, although Trump has warned that it may increase the UK tax to 50 % “in or after July 9” if the White House decided that the UK did not comply with the relevant aspects of the EPD. “

The United States represents 7 % of the total steel exports in the United Kingdom, with a trade of 370 million pounds ($ 500 million), in 2024, According to the United Kingdom’s steel.

The Director General of the Commercial Commission, Gareth Stas, said on Tuesday that the UK exempting from a 50 % duty was a “welcoming pause”, but it urged London and Washington to turn the trade deal into a reality to completely remove the customs tariff.

“The continuous 25 % will benefit from shipments on the water that we felt will decrease under a tax height,” he said in a statement.

“However, uncertainty remains at the time of timing and final tariff rates, and now American customers will be doubtful whether they should even risk UK requests,” warning that the fees come in “a time to crush our steel industry, with increasing global demand and weak demand.”

Chrysa Glystra, UK’s Trade and Economy Policy, told CNBC on Wednesday that the industry “was very happy to wake up to 25 % of the customs tariff, unlike the rest of the world that wakes up to 50 %.”

“We realize that this took a lot of effort from the UK government, we did not know until too late last night that this was happening, so it is very comfortable,” said Squawk Box Euro.

She pointed out that a lot of British steel that has been exported to the United States is “specialized or highly value” materials and does not reach the United States because it is “cheap or reduces the local market. In fact, it is not available in the United States, and therefore some customers will remain ready to push this customs tariff to obtain these materials … but 25 % compensation is 50 % loyal.

A European Union spokesman said the bloc was “Ready to impose counter -measures “ Although it has not provided more details about this shape that this could take.

“If a mutual acceptable solution is not reached, both the current and additional European Union measures will be automatically valid on July 14 – or before that, if the conditions are required,” said a spokesman.

Analysts say that Trump’s tariff will force us to steel prices to the top, which leads to high prices of industry, such as car manufacturers, and consumers who buy canned foods and drink.

But while the inflationary impact on US domestic prices is expected to be widely, the effect on Europe will be more mixed, with some buyers and manufacturers are able to benefit from low prices as more steel is redirected to the region, Tell the analysts CNBC this week.