BRUSSELS: Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on US products, from textiles and water heaters to beef and bourbon.
Canada, the largest supplier of steel and aluminum to the US, said on Wednesday it will place 25 per cent reciprocal tariffs on steel products and also raise taxes on a host of items: tools, computers and servers, display monitors, sports equipment and cast-iron products.
Across the Atlantic, the European Union (EU) will raise tariffs on American beef, poultry, bourbon and motorcycles, peanut butter and jeans.