In a swift reaction to the intensifying concerns about trade tariffs, Canada and the European Union (EU) have unveiled retaliatory measures against the United States, which imposed a 25% levy on imported steel and aluminium products. This development has set off ripples across European markets, sparking uncertainty and potentially impacting transatlantic trade relations.

Source: https://www.euronews.com/business/2025/03/13/european-markets-dip-as-trump-vows-to-respond-to-eus-counter-tariffs