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US President Donald Trump receives a gold helmet with his name during a visit to the United States – Irvin in Western Mythlin, Pennsylvania, May 30, 2025 to celebrate “Partnership” between Nippon Steel and US Steel.
Saul Lob | AFP | Gets the image
US President Donald Trump again surprised markets with a sharp announcement on Friday that he would Hiking tariffs on imported steel from 25% to 50% Wednesday.
But, if analysts are widely expected that the inflationary impact on the US domestic prices will be serious, the effect in Europe will be more ambiguous, according to analysts – with some buyers and manufacturers who can benefit from price reduction.
“It was an absolute surprise. Already the price of steel in the United States is higher than anywhere else, and it is a pure importer that should have volumes. All it does is raise prices there,” Josh Parah said on Monday at CNBC.
Canada and Mexico – this The largest exporters became the USWith other major sources, including Brazil, South Korea and Germany.
The latest tariff news could see the steel redirected to other markets such as Europe, spoken, putting pressure on prices.
“Some manufacturers in Europe may make the best construction of products that work in the US and export them when the prices rise there,” he continued. “The car, construction products and appliances are all the products that feel the impact.”
He said that buyers could win in Europe.
But not all companies are expected to benefit.
Rela Suskin, Analyst Morningstar, noted in e -mail comments that in Germany in Germany Bmw divided the expected influence of different tariffs in its results in 2024 and indicated the negative effect – on the tune “High three -digit number of millions” – of existing 25% of steel and aluminum duties.
On Monday, BMW shares were 1.8% lower, and a wider European car decreased by 1.8%. Susin continued that some consequences 50% of the tariffs would be offset by BMW Last relaxing car restrictions by TrumpHe also marked the potential for the future transaction between the White House and the German automakers.
Danish Wind Developer Earth You can also adversely affect, Citi’s analysts, led by Jenny Ping, stated in a note client because the US does not have a local maritime venerator supply
Trump’s latest steps will have a great impact on Europe’s steel industry-which is still felt from a 25 percent duty imposed in March-by-by-words Kaye Ayub, the Head of Price Analysis and Forecasts in the UK Consultural Meps International.
“Demand for steel is already low throughout Europe, destroying the prices and profits from steel manufacturers.
European Union sharply criticized Trump’s ad over the weekendthreatens opposition And claiming that the decision “adds additional uncertainty to the world economy and increases the costs for consumers and businesses on both sides of the Atlantic.”
Any reduction of 3.89 million metric tons made to the EU, which was exported to the US in 2024 due to trade barriers, “probably worsened excessive work in Europe, applying pressure down for sale,” Ayuba said.
She agreed that some inexpensive Asian steel designed for the United States would be redirected to Europe. “Even with EU and UK protection measures, this can undermine the attempts of domestic producers to maintain profitability.”
Conversely, American steel manufacturers can take advantage of higher sale prices when there is a further increase, even if the cost of US manufacturers and inflation, she added.
Remains unclear Essay on the US trading transaction in May But he has not yet secured the release from steel tariffs.
Gareth Steis, head of the Body Body UK Steel branch, said in a statement that domestic steel firms were “afraid that the orders will be canceled, some of which are likely to be sent to the Atlantic.”
Overall, Trump’s latest announcement adds a headache growth for almost all businesses as a result of flying trade, Josh SPORT said.
“I don’t expect it to be politics in three months. Even three weeks it is unclear,” he said CNBC.
“These tariffs are at such a high level, and in the US they will affect the large -scale manufacturers community, which make a huge contribution to GDP and employment, so it will be lobbying.”
. Ganesh Rao in CNBC contributed to this story.