The EU has condemned President Trump's decision to double tariffs on steel imports, warning it could worsen trade tensions and hurt consumers. With countermeasures on the table, the stakes are rising in this ongoing trade war.
In a decisive move against the recent U.S. tariffs, U.K. Prime Minister Keir Starmer vows to implement industrial policies aimed at shielding British businesses. He emphasizes the need for intervention and competitiveness amidst a shifting global economy.
President Trump's new 25% tariffs on automobiles have triggered fierce backlash from Germany, prompting calls for a strong EU response. As tensions rise, what does this mean for global trade?
In a bold move, President Trump has enacted metal tariffs, igniting tensions with trading partners like Canada and the EU. This decision could raise costs for US industries and consumers alike. Will it backfire?