Washington, D.C. – Former U.S. President Donald Trump has announced a 25% tariff on steel and aluminum imports, set to take effect on Monday.
The move has triggered strong reactions from Europe, China, and other major trade partners, raising fears of a renewed global trade war.
Speaking aboard Air Force One on Sunday, Trump confirmed that the tariffs would apply to all imported steel and aluminum, insisting that this was necessary to protect American industries from unfair competition—a strategy he also used during his 2017-2021 presidency.
Europe, China Vow to Retaliate
The European Commission has yet to receive official notification of the tariffs, but France’s foreign minister, Jean-Noel Barrot, made it clear that the EU will fight back. “There is no hesitation when it comes to defending our interests,” he told TF1.
Similarly, Germany’s economy minister, Robert Habeck, warned that such tariffs would hurt global trade and that Europe must respond firmly and decisively.
China also reacted strongly, with foreign ministry spokesman Guo Jiakun reiterating, “There is no winner in a trade war and tariff war.”
Major Steel Suppliers Impacted
Canada remains the largest steel and aluminum supplier to the U.S., alongside Brazil, Mexico, and South Korea. With Trump already threatening tariffs on Canada, supply chains could face major disruptions.
Economic experts warn that about 25% of European steel exports go to the U.S., making this a major blow to European industries.
Trump’s Trade Policy: A Double-Edged Sword?
Trump has also promised “reciprocal tariffs”, meaning the U.S. will match the trade levies imposed by other countries.
He has already imposed tariffs on China, Mexico, and Canada, arguing that these measures will boost American manufacturing and shrink the trade deficit.
However, critics warn that these tariffs could backfire, raising costs for American businesses and consumers.
French President Emmanuel Macron cautioned in a CNN interview that these tariffs would increase costs and fuel inflation in the U.S.
What’s Next?
Trump is expected to provide more details on the tariffs by Tuesday or Wednesday, leaving businesses and trade partners on edge.
With Europe and China preparing countermeasures, the global economy faces uncertain times ahead.
What Do You Think?
Do you believe Trump’s tariffs will strengthen the U.S. economy or cause more harm than good? Share your thoughts in the comments below!
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