Former U.S. President Donald Trump’s decision to impose a universal 10% tariff on all imports has sparked widespread criticism, with world leaders warning of economic turmoil. European Commission President Ursula von der Leyen condemned the move as a “major blow to the world economy,” while China vowed “resolute countermeasures” against the U.S.
Countries hit with higher tariffs, including South Korea, Japan, and Brazil, have signaled possible retaliatory actions, while the European Union, facing a 20% levy, is preparing countermeasures if negotiations fail. Meanwhile, U.S. Treasury Secretary Scott Bessent warned nations against retaliation, cautioning against escalation. Canada’s Prime Minister Mark Carney described the move as a direct hit on millions of citizens and pledged to fight back.
