Reported 1 day ago
President Trump's newly imposed 25% tariffs on steel and aluminum imports have triggered swift retaliation from the European Union and Canada, marking a significant shift in US trade policy. Canada plans to impose $20 billion in counter-tariffs while the EU aims at $28 billion in US goods, escalating tensions as both regions respond to Trump's aggressive trade measures. Amidst this turmoil, further tariffs and trade negotiations loom, highlighting a complex and volatile trade landscape.
Source: YAHOO