Trump’s 50 per cent steel and aluminum tariffs go into effect
WASHINGTON — Tariffs on imports of steel and aluminum to the United States are increasing to 50 per cent today after President Donald Trump followed through on his plan to double the duties.
Trump signed an executive order Tuesday to increase the levies from their previous rate of 25 per cent, saying it was necessary to protect national security and industries in the United States.
Prime Minister Mark Carney says the tariffs are both unlawful and unjustified and that Canada is intensively negotiating with the U.S. to have tariffs removed under a new economic and security deal.
The latest steel and aluminum increase doesn’t apply to imports from the United Kingdom, which remain at 25 per cent while the Trump administration works out details of a trade deal announced last month.
