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Global allies are voicing strong opposition to the car tariffs imposed by the U.S. under President Trump, with potential retaliatory measures looming.
Canada Condemns New Trade Barriers
Canadian Prime Minister Mark Carney has stated that the relationship between Canada and the U.S. has been permanently altered by Trump’s trade policies. He called the car tariffs “unjustified” and a breach of existing trade agreements. Carney plans to coordinate a response with provincial leaders and businesses, with retaliatory actions expected soon.
“Our response to these latest tariffs is to fight, is to protect, is to build,” Carney stated, emphasizing a commitment to defending Canadian workers and interests.
Global Leaders Unite Against Tariffs
Leaders from around the world have criticized the tariffs, warning of their potential to disrupt global value chains, increase inflation, and harm job creation. French President Emmanuel Macron stated he had directly communicated his concerns to Trump. German Chancellor Olaf Scholz described the tariffs as a wrong decision that would only create “losers”.
EU Pledges a Firm Response
The European Commission President, Ursula von der Leyen, condemned the tariffs as detrimental to businesses and consumers, highlighting their nature as taxes. The EU is expected to pursue a firm response, with officials vowing to defend free trade.
Asian Nations Express Concerns
South Korea has indicated it will implement a full emergency response to the tariffs, while China has accused the U.S. of violating World Trade Organization rules. Japan has also voiced concerns, emphasizing its significant investment in the U.S. economy.
Potential Impacts & Retaliation
Experts predict the tariffs could depress production, raise prices, and escalate a global trade war. Countries are considering various retaliatory measures, including imposing duties on U.S. exports and challenging the tariffs through international trade bodies.
The situation remains fluid, but the global response indicates widespread concern over the potential economic fallout from the U.S. tariffs.