5 h. ago South Korea to Scrutinize Steel Imports in US Tariff Response

South Korea will strengthen its scrutiny of metals imports to protect its producers from potential dumping in the local market after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports.

Economics

11 h. ago Trump vows to take back ’stolen’ wealth as tariffs on steel and aluminum imports go into effect

WASHINGTON — President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada. The Republican president’s use of tariffs to extract concessions from other nations points toward a […]

Economics

12 h. ago From tallboys to houses, latest aluminum and steel tariffs driving up costs

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs. Blair Berdusco, chair of the Canadian Craft Brewers Association, said it amounts to a double hit. Canadian aluminum being shipped to the United States to make […]

Economics

13 h. ago Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday. All countries, including Canada, have been hit with 25 per cent tariffs on steel and aluminum imports into the United States _ […]

Economics

13 h. ago TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

Canada’s main stock index rose Wednesday while U.S. markets were mixed, after 25% tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.75 per cent. The S&P/TSX composite index was up 175.14 points at 24,423.34. In New York, the […]

Economics

16 h. ago Mexico Holds Off Tariff Retaliation as Sheinbaum Bets on US Deal

Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia Sheinbaum avoids retaliation while both countries negotiate to avert levies on a wide range of products and services.

Economics

20 h. ago Canada hitting U.S. with $29.8B in reciprocal tariffs in response to steel and aluminum levies

Canada will be imposing 25 per cent reciprocal tariffs on $29.8 billion of American imports after levies on steel and aluminum went into effect

Economics

21 h. ago EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs

BRUSSELS — The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%. The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance, but the measures […]

Economics

22 h. ago Britain says retaliation possible over new U.S. tariffs on steel and aluminum

LONDON — British Prime Minister Keir Starmer expressed disappointment Wednesday over the Trump administration’s decision to impose tariffs on global steel and aluminum imports, and said a retaliatory response was possible. During his weekly questioning in the House of Commons, Starmer said his government was taking a “pragmatic approach“ but ”we will keep all options […]

Economics

22 h. ago EU retaliates with new tariffs on U.S. industrial and farm products

The European Union announced retaliatory trade action with new duties on U.S. industrial and farm products, responding to an increase in tariffs on all steel and aluminum imports.

Economics

27 h. ago The EU says its countermeasures to Trump’s tariffs will go into effect from April 1

BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with a series of duties on U.S. industrial and agricultural products that will go into effect from April 1, responding to the Trump administration increase in tariffs on all steel and aluminum imports to 25%, The world’s biggest trading bloc was expecting the […]

Economics

29 h. ago Trump Extends Trade Fight as Steel, Aluminum Tariffs Take Effect

President Donald Trump’s latest tariffs on steel and aluminum imports came into force Wednesday, extending his trade wars to more of the US’s top trading partners in a risky bid to revive an industrial base that migrated over decades to foreign competitors.

Economics

29 h. ago Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation

President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a reprisal from the European Union as the global trade war enters a new and risky phase.

Economics

36 h. ago US factories likely to feel the pain from Trump’s steel and aluminum tariffs

WASHINGTON (AP) — President Donald Trump is once again lashing out at three of his biggest irritants: foreign steel, foreign aluminum and Canada. Trump on Wednesday will effectively plaster 25% taxes _ tariffs — on all steel and aluminum imports. And on Tuesday the president said the U.S. would double the forthcoming levy on the […]

Economics

40 h. ago United Steelworkers union vows to fight back as Trump’s trade war now targets steel and aluminum jobs

TORONTO, March 11, 2025 (GLOBE NEWSWIRE) — The United Steelworkers union (USW) is denouncing the latest escalation in Donald Trump’s reckless trade war as the U.S. government imposes devastating 50% tariffs on U.S. imports of steel and aluminum from Canada. These measures, effective after midnight, threaten the existence of the Canadian steel industry and thousands […]

Society

40 h. ago Confused about tariff deadlines? Here’s what we know right now

OTTAWA — The trade war between the U.S. and Canada took another turn Tuesday as U.S. President Donald Trump vowed to double the tariff on steel and aluminum imports coming from Canada in response to Ontario’s surcharge on electricity exports. Trump said 50 per cent tariffs will be placed on Canadian steel and aluminum starting […]

Economics

43 h. ago Trump says tariffs on Canadian steel, aluminum imports will be 50 per cent

The decision is in response to Ontario's surcharge on electricity it exports to the U.S.

Economics

43 h. ago Trump doubles tariffs on steel, aluminum after Ford’s surcharge on electricity

The decision is in response to Ontario's surcharge on electricity it exports to the U.S.

Economics

44 h. ago Trump says steel, aluminum tariffs will soar after Ontario electricity tax

According to the Aluminum Association of Canada, the United States relies on Canada for 75 per cent of its imported primary aluminum.

Economics

44 h. ago What you need to know about U.S. tariffs on steel and aluminum set for Wednesday

Industries that rely on steel and aluminum products are bracing for a fresh wave of tariffs set to kick in Wednesday. U.S. Commerce Secretary Howard Lutnick said Sunday that President Donald Trump will follow through on his threat to impose 25 per cent tariffs on steel and aluminum imports into the U.S. starting Wednesday. Here’s […]

Economics