What do Trump’s tariffs mean for Canada?


On Thursday, U.S. Commerce Secretary Wilbur Ross announced that as of midnight, the Trump administration would subject Canadian steel imports to a 25-per cent tariff and aluminum to a 10-per cent tariff. The reaction came fast and furious, with Prime Minister Justin Trudeau declaring the tariffs “totally unacceptable” and announcing retaliatory duties on a broad range of goods from the U.S. Steel industry expert Peter Warrian explains how badly this will hurt steelmakers, what the knock-on effects will be and why dark times loom.

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