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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 […]

EU retaliates as Trump steel, aluminum tariffs take effect

The European Union responded quickly with a two-stage approach in response to President Trump's 25% tariffs on steel and aluminum that came into effect Wednesday. First, the 27-nation European trade bloc will allow the US to suspend existing 2018 and 2020 measures on April 1. Second, the committee proposes a new measurement package for new […]

Trump’s 25% tariffs on all steel and aluminum imports go into effect

President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, pledging that taxes will help create jobs for U.S. factories when stock threats are shaking stock markets and causing fears of economic slowdowns. In addition to increasing the tariff on aluminum from 10%, Trump removed all exemptions from 2018 […]

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 […]

US companies urge Trump to reject exceptions to steel tariffs

The CEO of a major American steel company wrote to President Trump on Friday, urging him not to provide exceptions or exclusions for steel tariffs scheduled to come into effect on March 12th. The letter, obtained by News Nation, has been signed by CEOs of companies such as the US Steel Corporation, Cleveland Cliff and […]