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EU and Canada Hit U.S. Goods with $28 Billion Tariff

3/12/2025

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Left

Canada Retaliates Tariffs

In a bold response to President Trump's steel and aluminum tariffs, the European Union and Canada have struck back with hefty levies on $28 billion of U.S. goods. Canada is leading the charge with a staggering 25% tariff on $20.7 billion worth of products, intensifying diplomatic tensions as allies voice their discontent during the G7 summit in Quebec.

Center

Republicans Push Funding

Republicans in Congress are racing against the clock to pass a stopgap funding bill by Friday, hoping to avert a government shutdown. In a bold move, President Trump has raised tariffs on Canadian steel and aluminum, leading Ontario to withdraw an electricity surcharge. Meanwhile, Ukraine has accepted a 30-day ceasefire proposal from the U.S., awaiting Russia's reaction amid rising military tensions.

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Canada Retaliates Tariffs

In a bold response to President Trump's steel and aluminum tariffs, the European Union and Canada have struck back with hefty levies on $28 billion of U.S. goods. Canada is leading the charge with a staggering 25% tariff on $20.7 billion worth of products, intensifying diplomatic tensions as allies voice their discontent during the G7 summit in Quebec.

1 / 2