In a strong response to the U.S. tariffs on steel and aluminum, the EU has announced retaliatory measures affecting $28 billion worth of U.S. imports, straining transatlantic relations and raising economic concerns.
China has officially imposed tariffs on a range of U.S. agricultural products, escalating the ongoing trade war with the U.S. as both nations seek a path to negotiation amidst economic concerns.
Tensions rise as the US prepares to implement tariffs on Canada and Mexico, with President Trump threatening a 25% levy. Countermeasures from China loom, raising fears of a global trade war.