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

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

China Hits Back: Halts $40B Boeing Order, Restricts US Tech Firms

China has launched a sweeping and strategic retaliation against the US in response to long-standing...

Wednesday, April 16, 2025, 10:40:00 AM

Beijing Gears Up for Trade War as Trump’s Hardline Team Takes Shape

As U.S. President-elect Donald Trump assembles a cabinet filled with staunch critics of Beijing, his...

Monday, November 18, 2024, 02:56:00 PM

Trump’s 25% Tariffs On Canada And Mexico Are Coming Tomorrow; Oil Tariffs To Be Decided Tonight

US President Donald Trump has signed the blanket 25% tariffs he promised to impose on...

Friday, January 31, 2025, 09:49:01 AM

Elon Musk Denies $45 Million Monthly Donation to Trump Super PAC

Elon Musk has refuted claims that he plans to donate $45 million monthly to a...

Wednesday, July 24, 2024, 12:10:00 PM

Twitter Loses More Money to Litigation, Slapped with $350K Fine for Not Complying with A Search Warrant Over Trump Investigation

Twitter, the social media platform now known as X, has been slapped with a fine...

Thursday, August 10, 2023, 02:12:00 PM