E.U., Canada retaliate against Trump’s tariffs as trade war escalates

The European Union and Canada hit back Wednesday at President Donald Trump’s steel and aluminum tariffs with their own levies, announcing tariffs on billions of dollars’ worth of products, including bourbon and motorcycles, while warning of further retaliation.

The 27-nation bloc said its two-stage response would target roughly $28 billion in U.S. exports, while Canada announced 25 percent retaliatory tariffs on roughly $20.7 billion ($29.8 billion Canadian dollars) worth of American goods.