Sunday, March 22, 2026

Latest

Trump Tariffs After Tariffs: 25% On Steel And Aluminum On Top Of Initial 25% Generic Dues

A White House official confirmed that new 25% tariffs on steel and aluminum will be added to any existing duties on Canadian imports, resulting in a possible combined tariff of 50% on the two metals. President Donald Trump signed executive orders imposing these tariffs on Monday, intending to start enforcement by March 12.

Previous threats from the Trump administration included a 25% across-the-board tariff on Canadian goods, later paired with a 10% tariff on Canadian energy. Although the energy levy remained in limbo, the latest executive orders confirm that these steel and aluminum tariffs will not replace previous measures; instead, they add another layer of cost.

Prime Minister Justin Trudeau met with US Vice President JD Vance in Paris at an artificial intelligence summit, where he urged the administration to reconsider the new duties. Trudeau has deemed the tariffs “unacceptable,” warning of a “firm and clear” response if they take effect as announced.

Meanwhile, Canada’s provincial premiers, led by Ontario Premier Doug Ford, have taken their message directly to American stakeholders in Washington. Ford is asking US business leaders to lobby Republican lawmakers and Trump, arguing that tariffs would damage both economies and jeopardize deeply integrated cross-border supply chains.

Canada is the top supplier of US steel and aluminum imports, while Mexico is third biggest in steel imports. Data shows that Canada alone provided 3.2 million metric tons of aluminum for US domestic consumption and shipped 6.6 million net tons of steel to the US last year.

Ford and others suggest that Trump’s aggressive stance could be part of a strategy ahead of the mandatory review of the Canada–U.S.–Mexico Agreement. The last major renegotiation took place in 2018 and concluded in 2020, replacing the North American Free Trade Agreement. With Trump threatening renewed tariffs at any moment, Canadian officials are weighing the possibility that the administration aims to renegotiate key provisions of the trade deal sooner rather than later.


Information for this story was found via CP24, CBC, and the sources and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

Joly Warns “Everything Is On The Table” As Retaliation To Trump’s Tariff Threat

Canadian Foreign Affairs Minister Mélanie Joly has signaled a willingness to consider cutting off Alberta’s...

Monday, January 13, 2025, 02:18:00 PM

Trump, Iran Officials Trade Threats as Tehran Protests Enter Day 6

President Donald Trump and senior Iranian officials reportedly traded direct threats as economic protests broadened...

Friday, January 2, 2026, 10:16:05 AM

Bessent Walks Back Trump’s $2,000 Tariff Dividend Announcement

President Donald Trump promised Sunday that Americans would receive dividend payments of at least $2,000...

Thursday, November 13, 2025, 08:00:06 AM

Digital World Soars in Premarket Trading Following Trump’s First Social Media Post

Special purpose acquisition company Digital World Acquisition Corp (NASDAQ: DWAC) registered modest gains on Wednesday,...

Wednesday, February 16, 2022, 10:44:00 AM

New Poll Shows 64% Of Democrats Don’t Want Joe Biden In 2024

A new poll by the New York Times/Siena College shows that Democratic voters may be...

Wednesday, July 13, 2022, 02:14:00 PM