Foreign governments are weighing their options following President Trump's apparently capricious declaration of a trade war on Wednesday. "We will put tariffs on Harley-Davidson, on bourbon, and on blue jeans — Levi's," said European Commission President Jean-Claude Juncker of possible means of retaliation should Trump's steel and aluminum tariffs plan be realized.
Canada, China, and the European Union have all pledged retaliatory tariffs targeting American industry, and Trump's proposal has reportedly undercut NAFTA negotiations with Canada and Mexico. "Why are we signing a trade deal with a country that would unilaterally decide to restrict certain sectors?" asked Jorge Guajardo, former Mexican ambassador to China.
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