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flag President Trump doubles tariffs on steel and aluminum to 50%, exempting the UK but provoking the EU.

flag US President Donald Trump has doubled import tariffs on steel and aluminum to 50%, citing goals to correct trade imbalances and boost domestic industries. flag The UK remains exempt due to a recent trade deal, but the EU has criticized the move, preparing countermeasures and planning talks with the US. flag The tariffs aim to reduce reliance on Chinese steel but may lead to higher prices and economic uncertainty globally, with the OECD warning of a slowdown in world economic growth.

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