Tariffs Spark Global Backlash: UK Steel and EU Promise Retaliation
February 11th
On February 11, 2025, President Trump announced fresh 25% tariffs on steel and aluminum imports, prompting immediate international reactions. UK Steel condemned the move as a “sledgehammer” to free trade, while the EU vowed retaliatory measures. Canada’s Prime Minister labeled the actions “unacceptable,” and South Korea’s economic outlook was downgraded amid uncertainty. The announcement rattled markets, with the FTSE 100 reacting briskly—underscoring both panic and resilience across sectors.
