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Global Trade Tensions Rise: EU, Canada Target U.S. Tariffs

3/13/2025

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Summary

Story summary

The EU plans countermeasures against the U.S., proposing tariffs on $28 billion of U.S. imports in response to Trump's steel and aluminum tariffs.
British PM Keir Starmer expressed disappointment and indicated potential retaliation amid ongoing trade talks with the U.S.
Canada will impose $20 billion in tariffs on U.S. goods, focusing on steel and aluminum.
South Korea and Japan seek exemptions from U.S. tariffs but encounter negotiation difficulties.

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Story summary

The EU plans countermeasures against the U.S., proposing tariffs on $28 billion of U.S. imports in response to Trump's steel and aluminum tariffs.
British PM Keir Starmer expressed disappointment and indicated potential retaliation amid ongoing trade talks with the U.S.
Canada will impose $20 billion in tariffs on U.S. goods, focusing on steel and aluminum.
South Korea and Japan seek exemptions from U.S. tariffs but encounter negotiation difficulties.