President Trump has reimposed tariffs on Canadian steel and aluminum, citing national security concerns and a desire to protect American industries. The move has triggered swift reactions from Canadian policymakers and businesses, who denounce the tariffs as harmful to both economies.
President Trump’s announcement on Canadian steel and aluminum tariffs over the weekend has prompted reaction from policy makers and businesses across Canada . Shallima Maharaj has the story.“It’s a big deal. This is the beginning of making America rich again,” Trump said as he signed the orders in the Oval Office.
Trump added U.S. reliance on Canadian steel and aluminum is another reason “why Canada should be the 51st state,” repeating a longstanding threat.is the largest supplier of primary aluminum metal to the U.S., accounting for 79 per cent of total imports in the first 11 months of 2024.The United Steelworkers union said it was “appalled” by Trump’s action, noting Canada imports 39 per cent of its steel from the U.S.
“At a time when affordability and inflation are top of mind for Americans and Canadians alike, adding new taxes and costs simply doesn’t make sense,” Matthew Holmes, the executive vice president of the Chamber, said.
TRADE WAR TARIFFS STEEL INDUSTRY ALUMINUM INDUSTRY CANADA UNITED STATES
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