China says it will take ‘resolute measures’ after it is hit with 104% tariffs; president orders government agencies to not ‘discriminate against coal’

European Union countries are expected to approve on Wednesday the bloc’s first countermeasures against Donald Trump’s tariffs, joining China and Canada in retaliating and escalating a conflict that could become a global trade war, Reuters reported.

The 27-nation bloc faces 25% import tariffs on steel and aluminium and cars as well as the new broader tariffs of 20% for almost all other goods under Trump’s policy to hit countries he says impose high barriers to US imports.