Canada has raised concerns over US President Donald Trump’s decision to double tariffs on steel and aluminum imports to 50%, warning of severe economic consequences. As the largest supplier of steel to the US, Canada faces potential job losses and disruptions in cross-border supply chains. The Canadian Steel Producers Association called the move “catastrophic,” emphasizing the risks to thousands of workers and industries reliant on stable trade ties.
The decision comes amid efforts to repair strained trade relations between Ottawa and Washington. It also threatens the future of the United States-Mexico-Canada Agreement (USMCA), which is under review and considered vital to North America’s economic stability. The tariff escalation could increase costs for US manufacturers and impact industries dependent on steel and aluminum.
Trump announced the tariff increase from 25% to 50% on Friday, aiming to bolster domestic steel production. However, the new measure, set to take effect on June 4, has sparked backlash from Canada, where officials argue it will weaken bilateral trade and create uncertainty for businesses. The Canadian government is expected to explore countermeasures, adding further tension to an already complex trade landscape.
