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Trump announces imposition of tariffs on steel and aluminum imports to US

Here's the latest as Canada faces steel and aluminum tariffs from the United States

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U.S. President Donald Trump said over the weekend he will formally announce 25 per cent tariffs on all steel and aluminum imports today, including for Canada and Mexico.
The article from MSN discusses the ongoing trade tensions between Canada and the United States concerning steel and aluminum tariffs. The U.S. has imposed these tariffs citing national security concerns, which Canada has contested, arguing that such measures are unjustified and detrimental to both economies. Canada has responded with retaliatory tariffs on U.S. goods, escalating the trade dispute. The situation has led to negotiations and discussions at various levels, with Canadian officials expressing concerns over the impact on industries and jobs. There's mention of potential exemptions or negotiations to resolve the issue, with both countries looking for a mutually beneficial solution. The article also touches on the broader implications for North American trade relations, especially in light of previous trade agreements like the USMCA (United States-Mexico-Canada Agreement).

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/here-s-the-latest-as-canada-faces-steel-and-aluminum-tariffs-from-the-united-states/ar-AA1yL2xm ]