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Politics

Global trade war escalates as US tariffs on steel, aluminum imports launch

United States Donald Trump aluminium European Commission

Canada, the biggest foreign supplier of steel and aluminium to the US, says it is considering reciprocal actions as the new tariffs took effect on Wednesday [File: Carlos Osorio/Reuters]

Tariffs on all steel and aluminium imports into the United States have come into effect, intensifying the global trade war sparked by President Donald Trump.

Trump’s tariffs on metals imports took effect on Wednesday, levying a 25 percent duty “with no exceptions or exemptions”. Trading partners were quick to express objections, with some swiftly announcing retaliation.

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