Trump announces double tariffs on Canadian steel and aluminum
President Trump said it plans to put a 50% tariff on steel and aluminum from Canada in an escalation of recent trade tensions between the countries.
Trump threatens to double Canada steel, aluminum tariff rate to 50%
The US president said on Tuesday that he would double incoming steel and aluminum tariffs on Canadian imports from 25% to 50%, and said they would take effect from Wednesday morning.
Trump adds another 25% to tariff on Canadian steel and aluminum
President Trump on Tuesday announced retaliatory measures on Canada after they slapped a 25% tariff on electricity sent to the U.S., saying that he is adding a 25% tariff on steel and aluminum. The tariffs on those metals will now total 50%.
Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies
The U.S. president has given a variety of explanations for his antagonism of Canada, saying that his separate 25% tariffs are about fentanyl.
Trump Says He Will Raise Canada Steel and Aluminum Tariffs to 50%
President Trump upped the ante on his steel and aluminum tariffs on Tuesday, saying in an online post that he would increase the planned 25% rate on Canada’s metals to 50% in response to its retaliation to his previous trade moves.
Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide
In a post on his Truth Social platform, Trump said he was ordering the 25 percent tax he has already imposed on any imported aluminum or steel from Canada to be raised to a 50 percent tax — one that will be paid by importers and passed on to consumers in the form of higher prices.
Will Trump's tariffs and policies send U.S. economy into a recession?
A noncommittal response from President Trump on recession risks has stoked uncertainty over the economy. But some evidence ...
Wall Street inches higher after tariff-induced anxiety sparks another selloff
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Foreign Affairs3h
The Incoherent Case for Tariffs
Over this period, he has also announced, suspended, announced again, and suspended again 25 percent tariffs on goods from ...
U.S. Tariff Rates Are Surging to Their Highest in Decades
The tariffs set to go into effect Tuesday will be some of the highest in decades. Prior to the 25% tariffs on Canada and ...
American Banker2h
Bank stocks drop amid tariff confusion, recession fears
The KBW Nasdaq Bank Index is down more than 7% year to date. Analysts blame confusion caused by President Trump's evolving ...
US reciprocal tariffs will impose one rate per country, White House adviser says
President Donald Trump's reciprocal tariffs planned for April 2 will impose one rate for each country that will reflect ...
What Trump’s Tariffs Mean for Global Exchange Rates
Changing global trade patterns affect the outlook for growth and inflation, which in turn can impact exchange rates. Here’s ...
Trump announces reciprocal tariffs on Canadian dairy and lumber if rates don’t drop
President Trump announced Friday he would place reciprocal tariffs on Canadian dairy and lumber if they don’t drop their rate ...
South Korea seeks to resolve any 'misunderstanding' with US about tariff rates
South Korea's acting president on Monday ordered authorities to actively communicate with the U.S. administration to resolve ...
Mortgage Demand Jumps as Rates Fall on Tariff Uncertainty
Mortgage demand for purchases was up 12%, and refinancing rose 37% from last week as rates dropped to their lowest levels ...
Trump says tariffs ‘are going to make our country rich again’
President Donald Trump, on board Air Force One on Sunday, said tariffs "are going to be the greatest thing we've ever done as ...