Hit Back or Hunker Down? The Dilemma of Responding to US Tariffs
- Most countries refrained from issuing retaliatory tariffs
- EU and Canada moved to retaliate, drawing more US scorn
This article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
Major US trading partners have offered a range of responses to President Donald Trump’s 25% tariffs on steel and aluminum imports, which took effect Wednesday. Most opted against immediate retaliation and many sounded ready to talk instead. Others took a more confrontational approach.