Abb Takk News
WASHINGTON: President Donald Trump has declared plans to implement a 25% import tax on all steel and aluminum coming into the United States, a decision that is expected to significantly affect Canada.
“And very simply, it’s, if they charge us, we charge them,” Trump said of the reciprocal tariff plan. “Canadian steel and aluminum support key industries in the U.S. from defence, shipbuilding and auto,” Canadian Innovation Minister Francois-Philippe Champagne posted on X.Trump also said that while the U.S. government would allow Japan’s Nippon Steel , open new tab, it would not allow this to become a majority stake.
“Quebec exports 2.9 million tons of aluminum to , that is, 60% of their needs. Do they prefer to get supplies from China?” Francois Legault, premier of Quebec, said on X. The new U.S. president has long complained about the EU’s 10% tariffs on auto imports being much higher than the U.S. car rate of 2.5%. He frequently states that Europe “won’t take our cars” but ships millions west across the Atlantic every year.
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