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Ask an expert: How will U.S. tariffs on steel and aluminum impact Canada's economy?

- February 11, 2025

U.S. President Donald Trump announced this week he will impose 25 per cent tariffs on all steel and aluminum imports, including those from Canada. (Kateryna Babaieva photo/Pexels)
U.S. President Donald Trump announced this week he will impose 25 per cent tariffs on all steel and aluminum imports, including those from Canada. (Kateryna Babaieva photo/Pexels)

U.S. President Donald Trump announced yesterday thatÌýÌý— including those from Canada — in a move being criticized by industry, politicians and labour groups for the far-reaching economic harms they could bring.

Ìý²¹²Ô»åÌýÌýhave said the measures create economic uncertainty and could be devastating on both sides of the border, particularly where steel and aluminum support key industries in the U.S., like defence, shipbuilding and theÌý.

If they proceed and go into effect on March 12, this will be the second time Trump has levied tariffs on the commodities. During his first term in March 2018, he introduced steel and aluminum tariffs of 25 and 10 per cent respectively, prompting Canada to respond with a series of counter-tariffs on American products like orange juice.

The White House said late Tuesday (Feb. 11) that the planned 25 per cent tariffs on steel and aluminum imports would beÌý. They wereÌýÌýto allow those countries to deal with border-security issues.

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