Canada hits US with 25% tariffs on $20.6B worth of steel, aluminum
Canada announced retaliation measures on Wednesday, opposing Trump administration's tariffs on steel and aluminum. New taxes worth $20.6 billion Our imports. Finance Minister Dominique LeBlanc declared that the Canadian government is responding with a “dollar dollar” approach and introduced a 25% tariff that will be effective at 12:01am on Thursday. “These tariffs target $8.8 billion […]
BREAKING: Trump slaps additional tariffs on Canada
President Donald Trump announced the new tariffs on Canada in a social media post over the targeting of U.S. ‘electricity. source
Canada announces $21B in new US tariffs as trade war heats up
O'Leary Ventures Chairman Kevin O'Leary analyzes President Donald Trump's tariff fight against Canada in “Varney & Co.” #foxbusiness #varney Canada announced an additional $21 billion tariff on the US on Wednesday after President Donald Trump's new 25% tariffs on steel and aluminum came into effect. Canada is the largest foreign supplier of steel and aluminum […]
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce 25% tariffs on steel and aluminum, which came into effect Wednesday. Associated Press A senior Canadian government official said he spoke about the anonymity status and confirmed the move on Wednesday as he was not permitted to speak before […]
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs | Trump administration
The U.S. Department of Education is planning to fire almost half of its workforce, the department announced. The 1,300-person layoffs were announced by the department on Tuesday, and described by Education Secretary Linda McMahon as “an important step in restoring the greatness of the US education system.” In a post on X, McMahon stated: [reduction […]
Can Canada’s ‘rockstar banker’ PM take on Trump and win? – podcast | Canada
Just a few months ago, Canada's future was clearly visible – conservatives were on the rise. After nearly a decade of power, Justin Trudeau resigned, and his liberal party appeared to be falling. But then came his threat to not only do Donald Trump's tariffs, but Canada would become the “51st state.” The Canadians were […]
Canada Drops 25% Electricity Tariff Following Trump’s Retaliation Threats
Ontario Premier Dougford will speak at a press conference held at Queen's Park in Toronto, Canada on March 10, 2025. Ford announced that the state government has applied a 25% extra charge to the US for all electricity exports as part of its retaliation tariff measures (Photo: Katherine KY Chen/Getty Images) OAN Staff Brook Mallory5:58pm […]
Dow drops again — falling nearly 600 points as Trump ramps up Canada trade war
Wall Street continues its slide amid growing chances of a recession from President Trump's trade war with Canada, Citigroup warned that U.S. stocks appear to be poised to fall below overseas markets. The Dow Jones industrial average on Tuesday fell nearly 600 points before unlocking some of the losses at the start of trading Tuesday. […]
Trump Hits Canada With 50 Percent Steel and Aluminum Tariffs, Warns of More to Come
President Donald Trump has put pressure on Canada, announcing late Monday that he would double the tariff on Canadian steel and aluminum to 50%, citing Ontario's move to tax U.S. electricity exports. “This will come into effect tomorrow morning, March 12th.” Trump declared in a true social postemphasizes the urgency of the scale. The hike […]
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump said Tuesday that his administration will increase planned steel and aluminum tariffs on Canada in response to the electricity surcharge imposed by the Ontario government in the latest escalation of the growing trade war. The Trump administration plans to impose a full 25% tariff on steel and aluminum on Wednesday, but Trump told […]