{"id":137328,"date":"2025-02-12T07:30:17","date_gmt":"2025-02-12T05:30:17","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/canada-mexico-and-eu-criticise-trumps-metal-tariffs-amid-fears-of-trade-war\/"},"modified":"2025-02-12T07:30:17","modified_gmt":"2025-02-12T05:30:17","slug":"canada-mexico-and-eu-criticise-trumps-metal-tariffs-amid-fears-of-trade-war","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/canada-mexico-and-eu-criticise-trumps-metal-tariffs-amid-fears-of-trade-war\/","title":{"rendered":"Canada, Mexico and EU criticise Trump\u2019s metal tariffs amid fears of trade war"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/137328\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Canada, Mexico and the EU have sharply criticised Donald Trump\u2019s decision to impose 25% tariffs on all steel and aluminium imports to the US, amid mounting fears of a global trade war. The president of the European Commission, Ursula von der Leyen, said on Tuesday she \u201cdeeply regretted\u201d the US president\u2019s move, announced late on Monday, adding: \u201cUnjustified tariffs on the EU will not go unanswered.\u201d<\/p>\n<p>Von der Leyen said the US tariffs would \u201ctrigger firm and proportionate countermeasures\u201d and vowed the 27-nation bloc would \u201cact to safeguard its economic interests,\u201d adding: \u201cWe will protect our workers, businesses and consumers.\u201d The US vice-president, JD Vance, meeting von der Leyen on Tuesday on the fringes of the AI summit, insisted the Trump administration had been \u201cvery clear that we care a lot about Europe. We see a lot of economic relationship to build upon with Europe\u201d.<\/p>\n<p>Trump signed proclamations raising the US tariff rate on aluminium from 10% to 25% and eliminating all country exceptions, quota deals and product-specific tariff exclusions for both metals with effect from 12 March. He said the move would simplify tariffs on the metals \u201cso everyone can understand \u2026 it\u2019s 25%\u201d on all countries. He has also promised reciprocal tariffs on all countries that tax imports from the US and said he was looking at tariffs on cars and pharmaceuticals.<\/p>\n<p>According to US trade figures, Canada, Brazil and Mexico are the three biggest steel exporters to the US, followed by South Korea. An estimated 25% of EU steel exports go to the US, worth about \u20ac3bn a year over the past decade. Canada\u2019s prime minister, Justin Trudeau, who is attending an artificial intelligence summit in Paris, said on Tuesday that Canadians would \u201cstand up strongly and firmly if we need to\u201d, describing the Trump administration\u2019s decision as \u201cunacceptable\u201d.<\/p>\n<p>The Mexican economy minister, Marcelo Ebrard, said the tariffs were \u201cunfair\u201d and \u201cnot justified\u201d. Mexico\u2019s US steel exports had been falling since 2022 while imports of US steel had grown, he said, so it now \u201cimports more steel from the US than it exports\u201d. South Korea\u2019s acting president, Choi Sang-mok, said Seoul was \u201ccommitted to protecting the interests of our companies and reducing uncertainties\u201d and would seek to \u201cbuild a close relationship\u201d with Washington and explore diplomatic options.<\/p>\n<p>There was also criticism from within the US, with the chief executive of Ford, Jim Farley, saying that while he believed the president aimed to strengthen the US auto industry overall, his tariff plans had \u201ca lot of cost and a lot of chaos\u201d. The EU\u2019s trade commissioner, Maro\u0161 \u0160ef\u010dovi\u010d, told the European parliament that Trump\u2019s move would fuel inflation but that the bloc remained committed to finding a mutually beneficial solution as soon as possible.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/business\/2025\/feb\/11\/european-leaders-vow-retaliation-trump-tariffs\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/business\/2025\/feb\/11\/european-leaders-vow-retaliation-trump-tariffs\">The Guardian<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/canada-mexico-and-eu-criticise-trumps-metal-tariffs-amid-fears-of-trade-war\/\">Canada, Mexico and EU criticise Trump\u2019s metal tariffs amid fears of trade war<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[1544,555,17886,17887],"class_list":["post-137328","post","type-post","status-publish","format-standard","hentry","category-news","tag-canada","tag-csr-news-en","tag-mexico-and-the-eu","tag-trumps-metal-tariffs"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/137328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=137328"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/137328\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=137328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=137328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=137328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}