Brief by Shorts91 Newsdesk / 05:07pm on 12 Mar 2025,Wednesday International
Canada has announced new 25% tariffs on US steel, aluminium, and consumer goods worth C$30 billion. This comes after Donald Trump doubled tariffs on Canadian imports. Finance Minister Dominic LeBlanc said Canada will not stay silent while its industries are unfairly targeted. Foreign Minister Melanie Joly called the US tariffs “unjustified” and said she would raise the issue at a G7 meeting. Trump, upset over Ontario’s electricity surcharge, also threatened to increase car import tariffs, which could harm Canada’s auto industry. The new Canadian tariffs will take effect from Thursday, matching the US measures “dollar for dollar.”
