The US has imposed 25% tariffs on most Canadian and Mexican imports and raised the charge on China to 20%, affecting roughly $1.5 trillion in annual imports. It comes as President Donald Trump ordered a pause to all US military aid to Ukraine, turning up the heat on Volodymyr Zelenskiy days after an Oval Office blowup with the Ukrainian president left support from his country's most important ally in doubt.
Meanwhile The European Union has unveiled an near €800 billion plan to fund rearmament after decades of under-investment as President Trump pulls back American security guarantees.
Kelly Ann Shaw is a partner at Hogan Lovells, and a Former US Trade Sherpa who helped the first Trump administration negotiate its free trade deal with Canada. She joined Caroline Hepker and Tom Mackenzie on Bloomberg Radio to discuss the Trump administrations policy moves and the reactions from other nations.
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