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Trump Raises Steel Tariffs
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This week’s ruling blocking many of the president’s tariffs will not lift those on Canadian cars, steel and aluminum. A trade expert explains what’s next.
The move to increase tariffs drew swift criticism from Canadian officials and industry leaders, who said the tariffs threaten to devastate a sector already under strain from earlier trade measures
David Paterson said he's hopeful that further progress in reducing those tariffs can be made by the time Trump and Carney meet at the G7.
Citing jobs at stake, the U.S. Ambassador to Canada believes the two countries will reach a trade agreement benefiting both nations in the near future.
U.S. senators meet Canadian Prime Minister Mark Carney to discuss trade tensions and strengthen bilateral relations, focusing on economic and defense priorities.
In his election platform, Prime Minister Mark Carney said he expects as much as $20 billion in tariff revenue this fiscal year Share your thoughts and join the conversation in the comments.
President Trump's decision to double tariffs on steel and aluminum imports has sparked concerns in Canada, with warnings of mass disruption to supply chains. The Canadian Steel Producers Association urges immediate retaliatory measures to protect domestic markets.
The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.
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