"The change in the current trade scheme for aluminium and steel would be detrimental to the productive fabric in aggregate terms," the lobby said in its note, adding that Spain's total cast iron and steel exports to the U.S. reached 944 million euros ($977 million) in 2023.

While US President Donald Trump’s plan to impose 25% tariffs on steel and aluminum imports may be good news for investors, it’s unlikely to arrest decades of declining market share and stagnating production.

Very Trump like too.” But his opinion quickly The president's remarks took an uncomfortable turn. "Everything under Trump must be blamed on him, just like what MAGA did with Biden." Republican strategist Scott Jennings said during a CNN appearance that the Trump administration should ignore federal court rulings that don’t fall in line with the president’s policy objectives,