Global Trade Tensions: Trump Threatens More Tariffs, EU Ready to Retaliate

Mar 13, 2025 Komal Das

Trump threatens EU tariffs, fueling recession fears and price concerns for 70% of Americans

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Canada, the top US steel and aluminum supplier, plans $20B in retaliatory tariffs and cuts interest rates to counter economic impacts

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Trump’s tariffs impact products like bolts, blades, and soda cans, with copper restrictions possible, says Commerce Secretary Lutnick

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The EU plans $28B in retaliatory tariffs on US goods but seeks dialogue, with von der Leyen stressing economic cooperation

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China and Japan vowed action, Britain and Australia condemned, as Trump’s tariffs shake markets

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