search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
115 new news items in the last 24 hours
  1. Home
  2. Economy

Josh Spoores, head of CR's steel analysis division, warns that higher steel tariffs in the US could fuel domestic inflation, while Europe could benefit from lower prices due to a steel surplus

Raluca Ioana Draghici
whatsapp
facebook
linkedin
x
copy-link copy-link
3 June 2025, 07:45
main event image
Economy
www.shutterstock.com
google-preference

Always see our news on Google

Following the imposition of steel tariffs in the US, CRU's Josh Spoores points out that prices will rise, fueling local inflation. Europe may see lower prices because of the steel surplus, but European manufacturers like BMW will suffer significant losses. Analysts warn that new trade barriers will erode profit margins and the European Union is reacting, underlining the uncertainty. Josh Spoores estimates the tariffs will not stay in place for long because of their impact on the economy.

Sources

sursa imagine
Economica
Tarifele impuse de Trump la importurile de oțel riscă să ducă la scăderea prețurilor în Europa și creșterea acestora în SUA
sursa imagine
ProTV Moldova
Tarifele de 50% impuse de Donald Trump importurilor de oţel pot ieftini preţurile în Europa, dar vor scumpi oţelul în SUA
sursa imagine
Stiripesurse
Efectul total neașteptat al tarifelor impuse de Donald Trump: Europa va câștiga enorm, în timp ce în SUA va fi o mare problemă
sursa imagine
G4Media
CNBC: Tarifele de 50% impuse de Donald Trump importurilor de oţel pot ieftini preţurile în Europa, dar vor scumpi oţelul în SUA

Latest News

11:38

VAT fraud accounted for almost 65% of the estimated damages in the 3,602 active investigations of the EPPO at the end of 2025

11:32

One in four Europeans buy tickets online, and Romania has the second lowest share in the EU.

11:32

Armed attack at a school in Thailand: Six dead and 15 injured after a student opened fire / The alleged perpetrator committed suicide

11:27

European projects use AI and Copernicus data to anticipate fires and estimate urban emissions

11:26

ANM announces high temperatures and atmospheric instability in the next 48 hours

See more news

NEWS ON THE SAME TOPICS

event image
International
European car manufacturers reported losses of over 8 billion euros due to the trade tariffs imposed by the USA.
event image
International
The USA is preparing new customs duties. Over 50 countries are targeted.
event image
EU
The European Union warns of a "stagflation shock". Economic forecasts have been revised downwards, and inflation will rise.
event image
EU
The European Policy Centre calls on the European Union for a firmer economic security doctrine.
event image
EU
The EU demands new tariff reductions from the United States for European exports, while the 50% taxes on oil remain under negotiation.
event image
EU
The European Parliament approves lower quotas and higher taxes for oil imports. Excessive imports will be taxed at 50%.
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
Josh Spoores USA commercial rates steel tariff Europe steel price warning uncertainties

Editor’s Recommendations

main event image
Opinions
Yesterday 12:44
Editorials and opinions

The open society and its narrative enemies

main event image
Exclusive
2 hours ago
Original Content

August 7, 2026. TV: What was discussed last night on the news channels

main event image
Opinions
Yesterday 08:52

Andrei Pleșu: 1871-2019 – immortal Romanian traditions

main event image
Opinions
Yesterday 11:26

Romania closed its coal on paper and built gas plants from words

main event image
Current Affairs
15 minutes ago

European projects use AI and Copernicus data to anticipate fires and estimate urban emissions

Sources
imagine sursa
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol