Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates

U.S. President Donald Trump implemented 25% tariffs on steel and aluminum imports, leading to swift counter-measures from the European Union, which will impose tariffs on $28.33 billion worth of U.S. goods in April. The EU’s response includes re-imposing suspended tariffs and introducing new measures to protect businesses, workers, and consumers, with European Commission President Ursula von der Leyen stating a willingness to negotiate. The move has sparked criticism from Australian Prime Minister Anthony Albanese, who called the tariffs unjustified but stated Australia will not impose reciprocal tariffs to avoid increasing prices for consumers.

Full Article