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Europe and Canada Hit Back at Trump’s Tariffs Amid Market Volatility

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Europe and Canada Hit Back at Trump’s Tariffs Amid Market Volatility

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In response to Donald Trump’s tariffs on steel and aluminum imports, Europe and Canada have imposed retaliatory measures, escalating trade tensions. These counter-tariffs target key U.S. industries, including agriculture, whiskey, and motorcycles, aiming to pressure the administration.

The markets reacted with volatility as investors weighed the potential economic impact. Critics argue that Trump’s trade policies risk disrupting global supply chains and raising consumer costs, while supporters claim they protect American industries.

As tensions rise, analysts warn of further economic uncertainty, with the possibility of prolonged trade disputes affecting businesses worldwide.