15/03/2025
The US has introduced a 25% tariff on all steel and aluminium imports from around the world.
In response, Canada and the EU have announced new tariffs on US goods worth billions of dollars, stoking fears of a global trade war.
President Donald Trump has threatened to impose a 200% tariff on alcohol from EU countries unless the bloc scraps its “nasty 50% tariff on whisky”.
Trump has already imposed 25% tariffs on other imports from Mexico and Canada - with some exemptions - and a 20% levy on Chinese goods.
