Europe, Canada Hit Back at U.S. Steel Tariffs: Retaliatory Measures Target Iconic American Products
- Miguel Virgen, PhD Student in Business
- Mar 12
- 4 min read
The global trade war has intensified as the European Union (EU) and Canada announce retaliatory tariffs against the United States in response to the Biden administration’s decision to impose levies on global steel and aluminum imports. In a bold move, the EU is targeting politically sensitive American products, including whiskey and motorcycles, with tariffs reaching 50%. These measures come amid growing tensions between major Western allies, raising concerns over economic disruptions and strained diplomatic relations. This article explores the implications of the U.S. steel tariffs, the retaliatory response from Europe and Canada, and the broader consequences for international trade.
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