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The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.
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Trade war escalates as Trump's 25% metal tariffs take effect BBC.comTrump imposes sweeping 25% tariffs on all steel and aluminum imported into the US CNNTrump halts plan for 50% steel and aluminium tariffs on Canada BBC.comTrump Tariffs on Steel, Aluminum Take Effect With No Exemptions Bloomberg
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On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.
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