Breaking: Trump Orders 25% Tariff Increase on Canadian Steel, Aluminum After PM Carney’s Warning
Video Credit: Oneindia - Duration: 03:18s - Published
Breaking: Trump Orders 25% Tariff Increase on Canadian Steel, Aluminum After PM Carney’s Warning
Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa.
The decision comes just days after Canadian Prime Minister Mark Carney warned of potential economic fallout from U.S. trade policies.
Trump justified the move by citing the need to protect American industries and jobs, while Canada has strongly condemned the tariffs as "unfair and harmful" to North American trade relations.
Experts warn this could lead to retaliatory measures from Canada, further straining economic ties between the two nations.
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