April 4, 2025

More countries and regions are implementing and preparing countermeasures in response to the US' latest sweeping "reciprocal tariffs," with some national leaders reportedly urged companies to suspend planned investment in the US, and heads of international organizations warning the dire consequences of the imposition. 

In response to the US' "reciprocal tariff" policy announced Wednesday, which reportedly could affect over 180 countries and has faced strong opposition from multiple nations and regions, Canada has announced a 25 percent counter-tariff. The EU is preparing its own responses, Japan has called the situation a "national crisis." 

Canadian Prime Minister Mark Carney has announced a 25 percent counter-tariff on non-USMCA-compliant vehicles imported from the US, calling Washington's protectionist measures a "tragedy for global trade," Reuters reported.

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