Tag: aluminum
Trump raises Canadian steel and aluminum tariffs to 50% as trade war escalates
President cites Ontario’s recent imposition of 25% surcharge on electricity exports to US as reason for doubling duties Donald Trump has announced he is doubling tariffs on Canadian steel and aluminum from 25% to 50% as a retaliation for the province of Ontario’s imposition of a 25% surcharge on electricity exports to several US states,…
Trump announces double tariffs on Canadian steel and aluminum
Danielle Kurtzleben The day before steel and aluminum tariffs are set to go into effect, President Trump announced he would specifically set tariffs on Canadian steel and aluminum at double the rate of the rest of the world. “I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all…
Trump says he will impose a 25% tariff on aluminum and steel imports
Scott Horsley President Trump says he plans to announce a 25% tax on all imported steel and aluminum, extending a trade battle he launched during his first term in the White House. The move has the potential to give a helping hand to domestic steel and aluminum makers, while also raising costs for businesses and…