https://www.taxtmi.com/news?id=37185 Canada imposed 25 percent reciprocal tariffs on steel and matching duties on aluminum plus an expanded list of US imports, while the EU announced a two-step approach: reimpose suspended duties and then apply additional targeted tariffs on select US goods (including foodstuffs, distilled spirits, motorcycles and apparel). Both actors present the measures as targeted trade countermeasures aimed at pressuring US policy while remaining open to negotiation, preserving legal mechanisms to enforce tariffs and signalling potential economic consequences for bilateral trade. en-us Thu, 13 Mar 2025 08:01:02 +0530 Thu, 13 Mar 2025 08:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37185 Canada imposed 25 percent reciprocal tariffs on steel and matching duties on aluminum plus an expanded list of US imports, while the EU announced a two-step approach: reimpose suspended duties and then apply additional targeted tariffs on select US goods (including foodstuffs, distilled spirits, motorcycles and apparel). Both actors present the measures as targeted trade countermeasures aimed at pressuring US policy while remaining open to negotiation, preserving legal mechanisms to enforce tariffs and signalling potential economic consequences for bilateral trade. News - Thu, 13 Mar 2025 08:01:02 +0530 https://www.taxtmi.com/news?id=37185