Trump Doubles Tariffs On Canadian Steel, Aluminium After Ontario’s Electricity Surcharge

Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa. The decision comes just days after Canadian Prime Minister Mark Carney warned of potential economic fallout from U.S. trade policies. Trump justified the move by citing the need to protect American industries and jobs, while Canada has strongly condemned the tariffs as "unfair and harmful" to North American trade relations. Experts warn this could lead to retaliatory measures from Canada, further straining economic ties between the two nations. #TrumpTariffs #CanadaTariffs #TrumpVsCanada #USCanadaTrade #SteelTariffs #AluminumTariffs #TrumpTradeWar #CanadaUSRelations #TradeTensions #TariffIncrease #TrumpEconomy #USCanadaConflict #TradeWar2025 #MarkCarney #EconomicPolicy Also Read Mark Carney Wins Canada's Liberal Leadership, All Set To Succeed Trudeau As Prime Minister :: https://www.oneindia.com/international/mark-carney-wins-canadas-liberal-leadership-all-set-to-succeed-trudeau-as-prime-minister-4090971.html?ref=DMDesc Who is Mark Carney, the next prime minister of Canada? :: https://www.oneindia.com/international/who-is-mark-carney-next-prime-minister-of-canada-4090965.html?ref=DMDesc Donald Trump Postpones Some Tariffs On Canada And Mexico, Easing Trade Tensions :: https://www.oneindia.com/international/us-president-donald-trump-postpones-some-tariffs-on-canada-mexico-easing-trade-tensions-4088541.html?ref=DMDesc ~PR.152~HT.336~GR.344~

Canada supplies half of US aluminium imports and 20 per cent of US steel imports. Trump announced that he would increase tariffs on Canadian steel and aluminium...

US President Trump increased tariffs on Canadian steel and aluminum imports to 50%, citing Ontario's electricity price hikes. The decision led to a drop in the...

It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.