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flag EU warns of swift retaliation after U.S. raises steel tariffs to 50%, citing economic harm.

flag The European Union (EU) strongly criticized the U.S. decision to raise steel import tariffs from 25% to 50%, warning of swift retaliation. flag The EU states that the move increases costs and economic uncertainty for both sides and is prepared to impose countermeasures, potentially earlier than the planned July 14 date. flag The U.S. argues the tariffs are necessary for national security.

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