Skip to main content

Featured

Trade Tensions Rise as EU Prepares Retaliation Against U.S. Tariff Hike

The European Union has strongly condemned President Donald Trump's decision to double tariffs on imported steel and aluminum, warning of swift countermeasures that could escalate global trade tensions. Announced Friday near Pittsburgh, Trump raised existing steel and aluminum tariffs from 25% to 50%, aiming to protect U.S. industry and bolster a $14.9 billion Nippon Steel–U.S. Steel deal. The European Commission responded sharply, calling the move a threat to transatlantic economic stability and global supply chains. “This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic,” a spokesperson said. The EU is finalizing consultations on expanded retaliatory tariffs, set to take effect by July 14 unless a negotiated solution is reached. The reaction from global trade partners was swift. Canada’s Chamber of Commerce criticized the tariffs as a threat to North American economic security, while Canada’s Uni...

article

“The future belongs to those who believe in the beauty of their dreams” by Eleanor Roosevelt

 


Eleanor Roosevelt, a former First Lady of the United States, once said: “The future belongs to those who believe in the beauty of their dreams.” This quote inspires us to pursue our goals with passion and optimism, regardless of the obstacles we may face. Dreams are not just fantasies, but visions of what we can achieve if we work hard and stay focused. By believing in the beauty of our dreams, we empower ourselves to shape our own future and make a positive difference in the world.

Comments