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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The European Union is preparing for losses of 28 billion euros due to US duties


February, 24 2025

The EU could face losses of 28 billion euros as a result of the imposition of import duties on steel and aluminum initiated by US President Donald Trump. The volume of products covered by these measures has increased by about four times compared to 2018, when the European metal sector first became the focus of Washington's attention.European Commissioner for Trade and Economic Security Maros Sefcovic, after talks with American representatives in Washington, noted that the current situation ... Read More

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