
US-Canada Steel Standoff: Tariffs Heat Up
US imposes 50% tariffs on steel and aluminum; Canada retaliates with 25% duties and new quotas, including a surcharge on Chinese mainland imports, escalating trade tensions.
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US imposes 50% tariffs on steel and aluminum; Canada retaliates with 25% duties and new quotas, including a surcharge on Chinese mainland imports, escalating trade tensions.
As a July 9 deadline nears, Canada pulls its 3% digital tax to resume US talks while the EU refuses to budge on its Digital Markets Act and the Digital Services Act.
Canadian PM Justin Trudeau warns that President Trump’s tariff threats should be taken seriously, highlighting potential impacts on both Canadian and American economies.