European Commission President Ursula von der Leyen said as the United States is “applying tariffs worth 28 billion dollars, we are responding with countermeasures worth 26 billion euros,” or about $28 billion.

Mr. Trump said the decision came in response to Ontario's move to impose a 25% surcharge on electricity exports to the U.S. Mr. Trump has already imposed a 25% tariff on nearly all imports from Canada, and declared a 25% tariff rate on all steel and aluminum imports from any foreign country.