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.
What you need to know about steel and aluminum tariffs as Trump doubles rate to 50%
A fresh wave of tariffs are set to kick in Wednesday, marking the latest escalation in the U.S.-Canada trade war.
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.
Trump’s Flawed Claim that Tariffs Made the U.S. Its ‘Richest’
In arguing for more tariffs on goods imported to the United States, President Donald Trump has repeatedly claimed that the ...
Trump's expanded metals tariffs to hit goods from horseshoes to bulldozer blades
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion ...
Wall Street inches higher after tariff-induced anxiety sparks another selloff
Wall Street is inching higher following another big selloff a day earlier, spurred by worries over the ripple effects from ...
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The Incoherent Case for Tariffs
Over this period, he has also announced, suspended, announced again, and suspended again 25 percent tariffs on goods from ...
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 ...
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 ...
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 ...
Experts anticipate Bank of Canada interest rate cuts tomorrow ahead of growing tariff threats
Canadian economists predict the Bank of Canada’s interest rate will be slashed tomorrow due to the pressure of a U.S. trade ...
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 ...
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 ...