Trump doubles tariffs on Canadian steel and aluminium as trade war intensifies

Politics and GovernmentPolitics and Government

Tue, March 11, 2025

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Trump doubles tariffs on Canadian steel and aluminium as trade war intensifies

^{Published on 2025-03-11 10:41:58 - MSN}

He said the increase in the tariffs set to take effect on Wednesday is a response to the price rises the provincial government of Ontario put on electricity sold to the United States. He posted on his social media platform Truth Social on Tuesday ...

The article from MSN discusses the escalation of trade tensions between the United States and Canada, where former President Donald Trump has decided to double the tariffs on Canadian steel and aluminum. This move comes as part of an intensifying trade war, aiming to protect American industries from what Trump describes as unfair trade practices. The decision has sparked concerns over potential retaliatory measures from Canada, which could further strain the economic relationship between the two nations. Critics argue that these tariffs could lead to higher prices for consumers, disrupt supply chains, and negatively impact industries that rely on these materials. The article also touches on the broader implications for global trade, with fears that such actions might encourage other countries to impose their own trade barriers, potentially leading to a more fragmented global trade environment.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/trump-doubles-tariffs-on-canadian-steel-and-aluminium-as-trade-war-intensifies/ar-AA1AH7bb ]

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