Canada and the EU launch billions in new tariffs on American goods from beef to bourbon in retaliation against Trump

[
Companies will either take the losses and earn fewer profits, or, more likely, pass costs along to consumers in the form of higher prices. Read More
https://fortune.com/img-assets/wp-content/uploads/2025/03/GettyImages-2203683411-e1741821948456.jpg?resize=1200,600
https://fortune.com/2025/03/12/canada-eu-trump-tariffs-beef-bourbon-billions-peanut-butter/


Lorne Cook, David McHugh, Rob Gillies, The Associated Press