AssetID: 54599290
Headline: UNCAPTIONED: Trump Escalates Trade War With New Steel and Aluminum Tariffs
Caption: Trump Escalates Trade War With New Steel and Aluminum Tariffs. US President Donald Trump has vowed to impose more tariffs after his latest move to tax steel and aluminum imports sparked retaliation from the EU and Canada. In response to countermeasures, Trump pledged “reciprocal” tariffs next month, saying, “Whatever they charge us with, we’re charging them”. On Wednesday, the US expanded its steel and aluminum tariffs with a blanket 25% duty, ending previous exemptions. This follows a recent hike on Chinese imports to at least 20%. Trump has also threatened tariffs on goods like copper, lumber, and cars. Canada and Europe slammed the move as unjustified, retaliating with their own levies. While some nations, including the UK and Australia, have held off on immediate action, leaders warn negotiations will determine the next steps in this escalating trade dispute. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,US President Donald Trump,vowed,impose,more,tariffs,latest move,tax,steel,aluminium,imports,EU,Canada,retaliation,countermeasures,reciprocal tariffs,next month,tariff war,politics,United State,America,Chinese imports,charges,costs
PersonInImage: