Published by Michele Maatouk on 8th October 2025
(Sharecast News) - The EU has announced it will match Donald Trump's steel tariffs, doubling levies on imports to 50% in a decision condemned as "an existential threat" to the industry in the UK. With 80% of British exports going to the EU, the change poses the UK steel industry's biggest ever crisis, according to the lobby group representing the sector, while unions said they could kill off the industry. - Guardian