{"id":105428,"date":"2025-03-12T10:33:41","date_gmt":"2025-03-12T10:33:41","guid":{"rendered":"https:\/\/teknomers.com\/en\/trumps-steel-toll-has-come-into-force-the-eu-responds-news-urix-foreign-news-and-documentaries-2\/"},"modified":"2025-03-12T10:33:43","modified_gmt":"2025-03-12T10:33:43","slug":"trumps-steel-toll-has-come-into-force-the-eu-responds-news-urix-foreign-news-and-documentaries-2","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/trumps-steel-toll-has-come-into-force-the-eu-responds-news-urix-foreign-news-and-documentaries-2\/","title":{"rendered":"Trump’s steel toll has come into force -the EU responds -news Urix -Foreign News and Documentaries"},"content":{"rendered":"\n

Saka compiled the United States has introduced a global tariff of 25 per cent on steel and aluminum the EU has come up with countermeasures, which may include product worth up to NOK 300 billion. The content is quality assured by news’s \u200b\u200bjournalists before publishing. The tariff rates were introduced at 05 on Wednesday morning Norwegian time. Several countries have tried to get President Donald Trump to turn around, but they have not been heard. The consequences of the tariff rates of 25 per cent are many and unclear. Some industries will be hit harder than others. The rates apply to all countries, without exceptions, and can hit both Norwegian and European companies hard. Yesterday there were reports that Trump would double the tariff rates against Canada to 50 percent. The proposal was dropped the same evening. – Unfortunate for Norway Wednesday morning, Prime Minister Jonas Gahr St\u00f8re (Ap) says that this is the start of a serious trade conflict. – It is unfortunate for Norway, which has a small, open economy. All countries are best lit with an open world trade, where everyone follows the same player rules, he says to NTB. The EU announced on Wednesday that they were coming with more countermeasures against the customs. Although the measures do not affect Norway directly, St\u00f8re is concerned about the 600,000 jobs in Norway, which are linked to exports. – Me has close contact with our partners in Europe to prevent Norway from being affected by the EU protection measures, says the prime minister. Finance Minister Jens Stoltenberg (Ap) says the development is worrying. – Norway exports most of Norwegian steel and aluminum to Europe, but I also have some direct export to the US, he says to NTB. Counters from the EU Commission announced their countermeasures in a press release on Wednesday morning. The report states that countermeasures are meant to protect European companies, workers and customers from the consequences of the tariff rates. “They are poor for business, and even worse for consumers,” said the commission’s tenant Ursula von der Leyen in the report. The EU will, among others, introduce a new countermeasure that was introduced against Trump’s penalties in 2018 and 2020. These will come into force again on April 1 and will hit among other boats, whiskey and motorcycles. One adds a barrel for whiskey in Kentucky, USA. Whiskey is one of the goods the EU now introduces customs. Photo: Andrew Caballero-Reynolds \/ AFP \/ NTB Measures may include product up to 26 billion euros, well over NOK 300 billion, according to the EU. The Commission also writes that they will introduce more measures than they mentioned above. What measures in question is not yet known. Neither Australia nor the United Kingdom have introduced their own countermeasures on Wednesday morning. Anthony Albanese, Prime Minister of Australia, defends against increased tariffs and what he fears can become a trade war, and compares it with financial self -harm, CNN writes. Money and power Gunhild Hoogensen Gj\u00f8rv, professor of security and geopolitics at the University of Troms\u00f8, is himself from Canada. She states that this is going to have consequences for the whole world, even for the Americans themselves. – Many people wonder what this is for something, and what purpose is – because it is quite unbelievable for many what Trump is really looking for, says Gj\u00f8rv. When asked about Trump’s tariff rates about money or power, Gj\u00f8rv replies that she thinks it is about both. What is customs? Customs are a fee that the state adds to goods that are purchased, or sold out of the country\/customs area The money from the customs tax goes to the state when the United States introduces 25 percent tariff on judging steel, it means that steel which in Canada costs NOK 1000, in the US costs NOK 1250 When other countries respond with higher tariffs, Inland producers for competition from foreign goods, which are sold at low prices at the same time, it may be okay to remember that customs duties are not new or unusual. Norway also has customs on several goods from abroad. Judging, there are 443 percent tariffs on milk and 429 percent tariffs on lamb meat, writes E24. For several types of cheese, the tariff rate is 277 percent. The government has previously introduced the rates to protect Norwegian producers and goods. Will produce itself, according to Trump, the tariff rates come to increase the production of other steel and aluminum in the United States. He also has a goal of creating more jobs in the country. Canada accounts for about 50 percent of all aluminum imports to the United States, and 20 percent of the steel, according to NTB, citing the consulting company EY. Brazil and Mexico also export a lot of steel, while the unified Arab Emirata and South Korea export much aluminum to the country. Interested in more foreign? Listen the newest podcast for the foreign editor: Published 12.03.2025, at. 06.26 Updated 12.03.2025, at. 11.00
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Saka compiled the United States has introduced a global tariff of 25 per cent on steel and aluminum the EU has come up with countermeasures, which may include product worth up to NOK 300 billion. The content is quality assured by news’s \u200b\u200bjournalists before publishing. The tariff rates were introduced at 05 on Wednesday morning […]<\/p>\n","protected":false},"author":1,"featured_media":105429,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[204,206,203,16,1462,19512,5390,1816,202],"class_list":["post-105428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-documentaries","tag-force","tag-foreign","tag-news","tag-responds","tag-steel","tag-toll","tag-trumps","tag-urix"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/105428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=105428"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/105428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/105429"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=105428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=105428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=105428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}