The image shows the effects of US President Donald Trump’s 25 percent tariffs on all imports of steel and aluminum, which were implemented on Wednesday without any exemptions for traditional allies. Some American metal producers have welcomed the tariffs as protection against unfair competition, but the European Union has vowed to retaliate with its own measures targeting 26-bn euros worth of US goods. Global stock markets have also been rattled by fears of a possible recession.

Source: https://www.france24.com/en/tv-shows/business/20250312-trump-tariffs-on-steel-and-aluminium-come-into-effect-sparking-eu-retaliation