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4 May 2026 – On 1 May 2026, U.S. President Donald Trump announced that tariffs on vehicles from the European Union are to be raised to 25% this week. But is the German Chancellor really responsible for this – or the EU Trade Commissioner’s plans for 50% steel tariffs? EU stainless steel producer wants to more than double earnings by 2028 – should a price jump in stainless steel be expected? Source
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