Overview

• The United States imposed 25 percent duties on March 12 and increased them to 50 percent on June 4 for steel, aluminum and related products.
• German shipments of iron and steel to the U.S. fell by 0.4 percent to €1.3 billion in the first four months of 2025 compared with a year earlier.
• Aluminum exports to the U.S. declined by 1.8 percent to €218 million over the same period.
• Total German exports of iron and steel contracted by 4.2 percent to €20.7 billion in January through April as global trade tensions grow.
• The European Union has announced retaliatory duties on U.S. goods and negotiations are underway to prevent further escalation.