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Saturday, December 6, 2025

EU braces for higher prices as US trade war ramps up

In Brussels, it was just after 06:00 on Wednesday. But it was midnight in Washington DC when President Donald Trump’s 25% tariffs on steel and aluminium took effect on major US trading partners. It took less than 10 minutes for the European Union to respond. “Tariffs are taxes. They are bad for …

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