Trump’s Steel and Aluminum Tariffs Trigger Retaliatory Measures from EU and Canada

The U.S. president’s expanded tariffs on metals have prompted billions in counter-tariffs, raising fears of a deepening global trade conflict.

The U.S. imposed 25% tariffs on steel and aluminum imports, significantly widening their scope from Trump’s first term, with no country exemptions granted.
The European Union announced €26 billion in retaliatory tariffs on U.S. goods, targeting industries in Republican strongholds with measures starting April 1.
Canada responded with 25% tariffs on $20 billion worth of U.S. exports, including metals, electronics, and sports equipment, citing the need to protect its economy.
Critics warn that the tariffs could harm U.S. businesses reliant on imported metals, raise consumer prices, and exacerbate economic challenges, including a potential recession.
The steel industry praised the move, but experts argue the measures may fail to revive U.S. aluminum production due to high domestic energy costs and structural inefficiencies.