Cliff notes
EU and Canada announce retaliatory tariffs after Donald Trump moved forward with plans to widen US tariffs on Steel and aluminium, imposing a blanket duty of 25% and ending exemptions that the US had previously granted for shipments from some countries.
Since the retaliatory tariffs were announced by Canada and the EU, Donald Trump has pledged to impose more tariffs. He said that “of course” he would respond to the countermeasures, repeating his warning to reveal “reciprocal” tariffs next month on countries around the world.
“Whatever they charge us with, we’re charging them,” he said.
These tariffs are in response to U.S. trade measures on steel and aluminum.
European Union (EU):
- Imposing tariffs on $28 billion worth of U.S. goods.
- Affected products include motorcycles, whiskey, chewing gum, microwaves, and cranberries.
- Tariffs take effect from April 1, 2025.
- EU leaders say they prefer negotiation over tariffs.
Canada:
- Imposing tariffs on C$30 billion of U.S. imports.
- Targeted goods include steel, aluminum, computers, and sports equipment.
- Tariffs started on March 13, 2025.
- Canada says it’s open to discussions but wants its sovereignty respected.
EU and Canada announce retaliatory tariffs
- Trump pledges to match EU and Canada’s retaliatory tariffs – BBC News
- Chainsaws, coffee makers, gum: How the E.U. is targeting U.S. products with retaliatory tariffs – Market Watch
- Europe, Canada Hit Back at U.S. Steel Tariffs – WSJ
- Canada announces retaliatory tariffs on nearly C$30bn worth of US imports – The Guardian
