Europe retaliates against Trump’s tariffs on steel and aluminum

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Open this photo in gallery: European Commission President Ursula von der Leyen attends a summit in Brussels, Belgium, March 6, 2025.Stephanie Lecocq/Reuters The European Union retaliated immediately to Donald Trump’s new 25-per-cent global tariffs on steel and aluminum by announcing counter-tariffs on US$28-billion of U.S. goods that would start in April. “The European Union must act to protect consumers and business,” European Commission President Ursula von der Leyen said in a statement Wednesday morning. “The countermeasures we take today are strong but proportionate.” The announcement of the EU’s retaliatory tariffs marks a massive escalation in the transatlantic – and global...