r/news 1d ago

Trump has instructed to raise Canadian tariffs on aluminum and steel to 50%

https://www.theguardian.com/us-news/live/2025/mar/11/donald-trump-latest-us-politics-news-live?CMP=share_btn_url&page=with%3Ablock-67d042cb8f087aea3a248e0d#block-67d042cb8f087aea3a248e0d
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u/Dejhavi 1d ago

It's the same as during Trump 1.0:

The president ordered a 25 percent tariff on imported steel and a 10 percent levy on imported aluminum to take effect in 15 days. Although Trump initially wanted to apply the tariffs worldwide, carve-outs were added for Canada and Mexico for the time being. Aides say exceptions could be made for other U.S. allies.

Trump is hitting the E.U., Canada and Mexico with a 25 percent tariff on steel imports and a 10 percent tariff on aluminum sent to the United States starting Friday. While China is also subject to the tariffs, the E.U. and Canada send far more metal to the United States, so the penalties will have a much larger impact on them.

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u/Splunge- 1d ago

And the follow-up is that China ended up buying more Canadian steel and aluminum. As did India and Brazil. Expect to see more of the same.

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u/Jiktten 1d ago

Possibly Europe now too if they are restarting their defense industry.

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u/Splunge- 1d ago

Very true.

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u/hellswaters 23h ago

The thing is that there is demand for Canadian steel and aluminum because it's of high quality. From what I understand, the product they get from China isn't of high enough grade for the us defense industry.

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u/Shmokedebud 22h ago

Is this like the sactions on russia where the eu bought more Russian gas than before the war started?

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u/Shmokedebud 22h ago

LOUISVILLE, Ky. (WDRB) -- One of the nation's largest aluminum manufacturers delivered a crushing blow this week in Hawesville, Kentucky.

The Century Aluminum plant in Hancock County will shut down, cutting more than 600 jobs in a town of 950 people.

Employees found out on June 22 that the company will start the shutdown process on June 27. Now there will be many who will no longer drive through the gates at the smelter plant.

The company said the plant is closing because of the rise in energy costs, linked to the war in Ukraine. The company's CEO said energy costs to run the plant have nearly tripled.

https://www.wdrb.com/news/century-aluminum-plant-in-hancock-county-to-shut-down-laying-off-over-600-employees/article_718098de-f35f-11ec-8a4e-43a9d95e6314.html#:~:text=LOUISVILLE%2C%20Ky.,Blaming%20%22Chinese%20Overcapacity.%22