Global Leaders Condemn Trump's 25% Tariffs on Steel, Aluminum
Global Leaders Condemn Trump's 25% Tariffs on Steel, Aluminum

Global Leaders Condemn Trump's 25% Tariffs on Steel, Aluminum

News summary

U.S. President Donald Trump's decision to impose 25% tariffs on steel and aluminum imports has sparked widespread condemnation from global leaders, particularly from the European Union and Canada, who warn of potential retaliatory measures and a looming trade conflict. European Commission President Ursula von der Leyen criticized the tariffs as 'unjustified' and confirmed that the EU would consider targeting U.S. goods in response, while Canadian Prime Minister Justin Trudeau called for a firm resistance. Industry leaders express concern that the tariffs could disrupt supply chains and increase costs across various sectors, potentially leading to a trade war. The tariffs apply to imports from several countries, eliminating previous exemptions, which could affect millions of tons of steel and aluminum. Mexico's Economy Minister also condemned the tariffs, arguing they threaten decades of North American trade relations. As tensions rise, discussions among EU trade ministers and Canadian officials are underway to strategize a collective response.

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