Yesterday, Trump He signed two executive orders to impose tariff tax 25% to aluminum and steel imports. Tariffs will be applied globally and there will be no exceptions to any country in steel and aluminum imports.
Europe’s response
The president of the European CommissionUrsula von der Leyen, said the EU will respond with “Firm and proportional countermeasures” to those tariffs. “I deeply regret the United States decision. Tariffs are taxes: bad for companies, worse for consumers,” said Von der Leyen in a statement that also disseminated on their social networks.
“The EU will act to safeguard their economic interests. We will protect our workers, companies and consumers “said Von der Leyen, while the European Commissioner of Commerce, Maros SecoFic, said that Brussels “is currently analyzing the scope of the measures” announced by Trump, before announcing the counteroffensive.
The main economy of the EU is Germany and its chancellor, Olaf Scholz, was on the same line: “If the United States does not leave us another option, the European Union will react together,” he said at Bundestag,
Scholz stressed that the EU “as the largest market in the world, with 450 million citizens” has the strength to respond to US threats.
Canada bets on a calibrated replica
Canada will respond to the “unjustified” steel and aluminum tariffs announced by Trump And he will do it in a “clear and calibrated way,” said Canadian Industry Minister François-Philippe Champagne.
In a short statement published on their social networks, Champagne said: “We are consulting with our international partners as we study the details.”
The tariffs have a large impact on Canada, since 58 % of all the aluminum that the US buys abroad comes from its northern neighbor, Country from which 23 % of all steel imports also come.
The Canada Steel Producers Association warned that tariffs will involve the disappearance of employment.
For its part, Australian Prime Minister Anthony Albanesesaid Tuesday that Donald Trump accepted “to consider” an exemption for Australia about 25 % tariffs on aluminum and steel imports after maintaining a telephone conversation.
“I proposed an exception for Australia and we both agreed to say that the president of the United States agrees that an exemption is being considered in the interest of both countries,” said Albanese at a press conference.
The case of Ukraine
Ukraine, a country at war with Russia for almost three years, It provides for damage with the tariff measure. His Minister of Economy, Yulia Sviridenko, has already warned of the negative effects she will have for her metallurgical industry
In a message posted on networks, Sviridenko explained that metallurgical exports account for 57.9 % of the totality of Ukraine exports to the US: “503.3 million dollars of 869.1 million”, the minister detailed.
Siderúrgicas fall into the bags
The Chinese steel -widespread droplets in stock market After Trump’s executive orders, since China is the world’s largest steel exporter, with more than 100 million tons in 2024, although the US is not among its main buyers.
The same happened with those of India, while the European stock markets opened with a mixed sign and in South Korea it was barely noticed. However, Seoul organized an emergency meeting with representatives of the steel sector to analyze the situation.
Meanwhile, Thai Prime Minister, Paetongtran Shinawatra, He asked on Tuesday a study on the potential impact on his country of reciprocal tariffs by the United States.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
