Published: Mar 12, 2025, 16:05 IST | Updated: Mar 12, 2025, 16:05 IST
The US has imposed a 25% tariff on steel and aluminum imports, triggering global backlash. The EU has announced retaliatory tariffs on US steel products starting April 1, while Canada has rolled back a power surcharge after Trump’s warning. Markets remain volatile as the global trade war intensifies.