Trump's Steel and Aluminum Tariffs Trigger Retaliation from Canada and EU

The U.S. faces escalating trade tensions as allies impose countermeasures following President Trump's 25% tariffs on imported metals.

President Trump increased tariffs on all steel and aluminum imports to 25%, removing exemptions and citing the need to reclaim 'stolen' wealth and protect U.S. industries.
Canada responded with reciprocal 25% tariffs on $20.6 billion worth of U.S. goods, including steel, aluminum, and various consumer products.
The European Union announced countermeasures targeting $28 billion in U.S. exports, including beef, whiskey, motorcycles, and jeans, set to take effect in April.
British Prime Minister Keir Starmer expressed disappointment but opted for a pragmatic approach, seeking negotiations with the U.S. rather than immediate retaliation.
Economists and industry groups warn that the tariffs and countermeasures risk disrupting global supply chains, raising consumer prices, and threatening jobs in key sectors.