In a bold move, the European Union has announced countermeasures against the U.S. tariffs on steel and aluminum, targeting €26 billion worth of American goods. Ursula von der Leyen warns of economic uncertainty and rising prices on both sides of the Atlantic.
President Trump's upcoming tariffs on Canadian steel imports may benefit U.S. manufacturers like Capone Iron Corporation, while sparking fears of higher consumer prices and retaliation from other countries.