Trump Implements Global Steel and Aluminum Tariffs, Prompting Global Backlash
The 25% tariffs have drawn sharp criticism from allies and trading partners, with retaliatory measures announced by the EU and concerns raised in Asia-Pacific nations.
- President Donald Trump has enacted a 25% tariff on all steel and aluminum imports, impacting major trading partners including Canada, South Korea, Japan, and Australia.
- The European Union has announced countermeasures, imposing tariffs on $28 billion worth of U.S. goods starting next month, calling the move 'unjustified.'
- Australia, a close U.S. ally, expressed disappointment over the tariffs, with Prime Minister Albanese labeling them 'against the spirit of friendship' between the two nations.
- Markets have reacted negatively to the tariffs, with fears of a recession growing as investors anticipate rising costs and economic uncertainty.
- The tariffs are part of Trump's broader 'America First' trade policy, aiming to bolster domestic production but raising concerns about strained alliances and global trade stability.









































































































































