After the US president announced he would raise tariffs on aluminium and steel from 25% to 50%, a deal between the EU and the US is unlikely to be reached within the 90-day period set by Trump, according to Ignacio García Bercero,

President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.

The United States and Mexico are negotiating a deal to reduce or eliminate President Donald Trump's 50% steel tariffs on imports up to a certain volume, industry and trade sources said on Tuesday.

The US and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.

A U.S. tariff on imports of steel and aluminum took effect Wednesday, doubling to 50% and casting a pall on a gathering of OECD ministers.

Zhu Keli, founding director of the China Institute of New Economy, said the expansion of steel tariffs will bring about challenges to Chinese household appliance makers in the short term, as some enterprises with high reliance on the US market may witness a decline in export orders.

Trump administration tariffs on all imported aluminum and steel are now in effect as the United States launched a 50% duty directly on those materials Wednesday.

In return, Trump said, the U.S. will provide China "what was agreed to," including allowing Chinese students to attend American colleges and universities.