02/11/2025

EU and Canada Condemn Trump Move to Hike Steel and Aluminium Tariffs

America's partners are questioning their "partnerships"

The European Union and Canada said on Tuesday they were prepared to hit back after President Donald Trump decided to impose tariffs on all steel and aluminium imports, escalating fears of a trade war.

Trump signed proclamations late on Monday raising the U.S. tariff rate on aluminium to 25 percent from his previous 10 percent rate and eliminating country exceptions and quota deals as well as hundreds of thousands of product-specific tariff exclusions for both metals.

The measures, which will take effect on March 12, will apply to millions of tons of steel and aluminium imports from Canada, Brazil, Mexico, South Korea and other countries that had been entering the U.S. duty free under the carve-outs.

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