Trump doubles steel, aluminum tariffs on Canada: Live updates


Source: cp24.com cp24.com

Key Topics in this News Article:

News Snapshot:

U.S. President Donald Trump has increased tariffs on steel and aluminum imports from 25 per cent to 50 per cent. The presidential proclamation went into force at 12:01 a.m. EDT Wednesday. In that document, Trump said the new rate would better counter “foreign countries that continue to offload low-priced, excess steel and aluminum,” undercutting the U.S. market. Ottawa called the additional levies “unlawful and unjustified.” About a quarter of all steel used in the United States is imported and Canada is its largest supplier. Follow along for the latest updates: ‘Unlawful and unjustified’: PMO responds In a statement to CTV...