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Canada hit back with CA$29.8 billion ($20.7 billion) in reciprocal tariffs.
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The European Union is targeting €26 billion ($28.4 billion) in U.S. imports, with additional tariffs rolling out in stages starting April 1.
European Commission President Ursula von der Leyen condemned the move, warning of economic chaos.
“Tariffs are taxes,” she said. “They are bad for business and worse for consumers.”
The Road Ahead
With Trump doubling down on protectionist trade policies, a full-scale global trade war looms. As American automakers, unions, and trading partners brace for impact, one thing is certain—this fight is far from over.