Recent tariffs imposed by President Trump on steel and aluminum imports are facing swift backlash from Canada and the European Union. In response to these moves, Canada has announced its own $21 billion in retaliatory tariffs, specifically targeting U.S. products. Meanwhile, the EU plans to impose tariffs amounting to $28 billion, affecting a wide range of American goods, including bourbon and motorcycles. This retaliatory action is part of a growing trade war, with both sides threatening further measures. As industries brace for impact, the potential cost to American manufacturers and consumers could be significant, raising questions about the long-term implications for the global economy.