US EditionTrump's steel, aluminum tariffs take effect as US-Canada trade war intensifies
- Donald Trump has imposed a 25 percent tariff on steel and aluminum imports, escalating trade tensions with the EU.
- UK Prime Minister Sir Keir Starmer requested an exemption from the tariffs during a call with Trump, but the UK has not retaliated yet.
- Business Secretary Jonathan Reynolds expressed disappointment over the tariffs and emphasized support for UK businesses.
- The EU plans to introduce counter-measures against American goods, threatening approximately £22 billion of exports from the EU.
486 Articles
486 Articles
Trump's tariffs are taxes that burden poor, middle-class people most
If it walks like a tax, and swims like a tax, and quacks like a tax, I call that a tax.The largest of the Trump administration's job-killing tariffs/taxes will cost the typical American household more than $2,600 a year — more than 17% of the annual income of a full-time worker earning the federal minimum wage.A big part of President Donald Trump's massive tax imposition on American consumers went into effect this week — who knows for how long, …
Trump trade war heats up as Canada, EU retaliate
What happened President Donald Trump Wednesday imposed blanket 25% tariffs on steel and aluminum imports, prompting immediate retaliatory measures from Canada and the European Union. Trump said Wednesday afternoon that he would "of course" respond to the EU countermeasures with more tariffs. "Whatever they charge us with, we're charging them," he said. Who said what EU officials said Wednesday they were hitting back with equivalent tariffs only …
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