
US-Canada Trade Tensions Escalate Over Steel Tariffs
US and Canada escalate trade tensions with reciprocal steel tariffs, risking supply chain disruptions and higher costs for North American industries.
News & Insights Across Asia
US and Canada escalate trade tensions with reciprocal steel tariffs, risking supply chain disruptions and higher costs for North American industries.
China criticizes Canada’s new steel tariffs as protectionist, warns of trade disruption and vows to protect Chinese enterprises’ interests.
Canada warns U.S. steel tariffs threaten both economies, considers retaliatory measures as trade tensions escalate.
The Trump administration expands steel tariffs to household appliances, imposing a 50% rate on imports starting June 23. Learn how this impacts global trade and markets.
The US plans to hike steel and aluminum tariffs to 50% by 2025, impacting global trade and key industries. Analysts warn of supply chain shifts and rising costs.
US raises steel and aluminum tariffs to 50%, sparking concerns from German industries over supply chains and consumer costs.
U.S. doubles steel and aluminum tariffs, triggering strong reactions from Canada and the EU. Trade tensions escalate as global partners warn of economic disruption.
The EU warns of retaliatory measures following U.S. steel tariff hikes, raising concerns over global trade stability. Negotiations remain critical to avoid escalation.
Brazil weighs WTO action and countermeasures against new U.S. steel tariffs threatening $3.2 billion annual exports, testing bilateral trade relations.
Japan calls U.S. metal tariffs ‘regrettable,’ warns of economic fallout as bilateral talks continue to avert trade friction.
U.S. President Trump’s 25% steel and aluminum tariffs are criticized by experts as a negative-sum game that harms consumers and importers without any winners.