Trump’s 25 percent tariffs on aluminum and steel, which took effect on Wednesday, hit Canada particularly hard, as the country is the biggest foreign supplier of both metals to the United States. Ottawa quickly responded with 25 percent retaliatory tariffs on nearly $30 billion worth of U.S. goods.
U.S. President Donald Trump’s on-again, off-again approach to tariffs on imports from Canada and Mexico has rattled markets while placing historic strains on relations between the United States and its two largest trading partners.
U.S. President Donald Trump’s on-again, off-again approach to tariffs on imports from Canada and Mexico has rattled markets while placing historic strains on relations between the United States and its two largest trading partners.
Trump’s 25 percent tariffs on aluminum and steel, which took effect on Wednesday, hit Canada particularly hard, as the country is the biggest foreign supplier of both metals to the United States. Ottawa quickly responded with 25 percent retaliatory tariffs on nearly $30 billion worth of U.S. goods.
Quebec alone provides over half of America’s aluminum, and the Canadian province of more than 8.5 million people, which counts the United States as its top trading partner, is keeping a particularly close eye on how the escalating trade war is developing.
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