Trade War: Trump's Tariffs and Retaliatory Measures by EU and Canada

President Donald Trump increased tariffs on steel and aluminum imports to 25%, prompting retaliatory tariffs from the European Union and Canada. The EU measures cover goods worth $28 billion, including textiles, home appliances, and agricultural products. The tariffs are expected to impact U.S. factory jobs and cause economic uncertainty in major trade partnerships.

Australia's response to U.S. steel and aluminum tariffs

Australia will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions for steel and aluminum tariffs, citing concerns about increasing prices for Australians and spurring inflation.

Trade War with Canada

President Donald Trump orders additional 25% tariffs on Canadian steel and aluminum imports in response to Ontario's 25% tax on electricity exports to the U.S. Trump calls for Canada to be absorbed into the U.S. as the 'Fifty First State.' Trump warns of further tariffs on Canada if certain tariffs are not lifted.

China-Canada Trade War Escalation

China imposed tariffs on Canadian goods in response to Canada's tariffs on Chinese products, escalating a trade war. The dispute revolves around accusations of dumping subsidized products and protectionism. The situation may be a strategic move by China to influence Canadian trade policies.

Impact of Trump's Tariffs on Craft Brewers in Chicago

Spiteful Brewing, a successful craft brewery in Chicago, faces a new challenge with President Trump's 25% tariffs on imported aluminum, which will raise production costs and potentially lead to price increases for their beer. The craft beer industry, heavily dependent on aluminum cans, is bracing for the impact of these tariffs.

EU Criticizes Trump's 25% Tariffs on Steel and Aluminum Imports

The EU has criticized Donald Trump's plan to impose 25% tariffs on steel and aluminum imports into the US, calling it unlawful and economically counterproductive. Trump's announcement has caused concern for producers in the UK, Europe, Mexico, and Canada.

Impact of President Trump's Tariffs on Steel and Aluminum

NPR's A Martinez interviews Democratic Rep. Debbie Dingell about President Trump's decision to impose 25% tariffs on imported steel and aluminum globally.

Trump Imposes Tariffs on Steel and Aluminum Imports

President Donald Trump imposed 25% tariffs on all steel and aluminum imports to the United States in order to boost domestic production, secure industries, and create jobs. The tariffs are seen as a negotiating tool to extract concessions from other nations.

EU Response to Trump's Tariff Threats

The EU criticizes Donald Trump's threats to impose 25% tariffs on steel and aluminum imports into the US, calling them 'unlawful' and 'economically counterproductive'. The UK and other countries could be heavily impacted.

Economic Policy and National Security Confirmation Process

Discussion on President Trump setting tariffs on steel and aluminum imports, and the confirmation process of Tulsi Gabbard for a national security post.

Tariffs on Steel and Aluminum Imports

President Trump announces new 25% tariffs on steel and aluminum entering the U.S., including from Canada and Mexico. He plans to impose reciprocal tariffs on countries that have levied duties on U.S. goods.

Biden Administration Imposing Tariffs on Mexican Imports with Chinese Steel or Aluminum

The Biden administration is imposing tariffs on Mexican imports containing Chinese steel or aluminum to prevent them from entering the U.S. duty-free. This move aims to address concerns about China circumventing existing tariffs by funneling metals through Mexico.

Higher Tariffs on Chinese Products

President Biden announced higher tariffs on $18 billion worth of products from China, including electric vehicles, steel, aluminum, lithium-ion batteries, and other products.

U.S.-China Trade Relations

China strongly opposes U.S. investigation into its maritime, logistics, and shipbuilding industries, claiming it is based on discriminatory subsidies. The U.S. alleges China uses unfair practices to dominate these sectors. President Joe Biden has called for increased tariffs on Chinese steel and aluminum imports to protect American industries.