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

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Related News

Trump Strikes with 25% Secondary Tariff on Venezuela, Shaking Global Oil Trade

President Donald Trump has announced the imposition of a secondary tariff on Venezuela, aiming to...

Tuesday, March 25, 2025, 11:28:00 AM

DWAC Is Not Giving Up After Failing To Secure 12-Month Extension For Trump Media Merger Deadline

Digital World Acquisition Corp (Nasdaq: DWAC) seems to have failed to secure the shareholders’ approval...

Friday, September 9, 2022, 11:08:00 AM

Trump’s Tariffs Blocked By Court, Puts $10B Refunds on the Table

In a landmark decision, the US Court of International Trade struck down every tariff President...

Thursday, May 29, 2025, 11:19:00 AM

Auto Tariffs Coming in April, Trump Says

President Donald Trump said Friday he plans to roll out auto import tariffs around April...

Monday, February 17, 2025, 08:25:24 AM

British Columbia’s Eby Also Plans Anti-Tariff US Ads After Ford Drew Trump’s Ire

While Ontario Premier Doug Ford drew the ire of President Donald Trump on his Reagan...

Monday, October 27, 2025, 02:18:00 PM