Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs

Canada and the EU swiftly retaliate against Trump's steel and aluminum
tariffs
...
...
Across the Atlantic, the European Union will raise tariffs on American
beef, poultry, bourbon and motorcycles, bourbon, peanut butter and
jeans.

Combined, the new tariffs will cost companies billions of dollars, and
further escalate the uncertainty in two of the world's major trade
partnerships. Companies will either take the losses and earn fewer
profits, or, more likely, pass costs along to consumers in the form of
higher prices.

Prices will go up, in Europe and the United States, and jobs are at
stake, said European Commission President Ursula von der Leyen.

"We deeply regret this measure. Tariffs are taxes. They are bad for
business, and even worse for consumers," von der Leyen said.

https://apnews.com/article/trump-eu-tariffs-countermeasures-806a3b9bcc9cd4e45817e672d95f0070