Canadian leaders respond to Trump’s new tariff threat

He plans to tariff steel and aluminum imports
Trump’s latest tariff plan was bad news
The tariffs would be put in place quickly
If they charge us, we charge them…
America’s biggest steel partners
A handful of countries
Canada exports the most to the US
A preexisting tariff dispute
The new tariffs will hit Canada hard
Canada supplies 79% of US aluminum
The response from Canada
Canadian products support key industries
A response from Doug Ford
Ontario will be impacted the worst
Justin Trudeau’s response
No comment from Trudeau yet
He plans to tariff steel and aluminum imports

US President Donald Trump threatened a new round of tariffs against the world but they will hit Canada harder than any other country according to American import numbers.

Trump’s latest tariff plan was bad news

On February 9th, Trump revealed he planned to introduce a 25% tariff on aluminum and steel imports into the United States the following day. This wasn’t good news for many.  

The tariffs would be put in place quickly

The new tariffs would take effect immediately and would be applied against all countries and would match the tariff rates levied by other nations as well according to Reuters. 

If they charge us, we charge them…

“Very simply, it's, if they charge us, we charge them," Trump stated about the reciprocal tariffs he planned to impose. However, this decision will impact some more than others. 

America’s biggest steel partners

Canada, Mexico, and Brazil are America’s largest steel supplies while South Korea and Vietnam also provide a lot according to data from the American Iron and Steel Institute.

A handful of countries

According to TradeImeX, 77% of US steel imports from 2023-2024 came from just ten countries, Canada was at the top of that list providing 6.39 million metric tons of steel. 

Canada exports the most to the US

Canada’s steel imports amounted to $8.36 billion, far and away the largest nation on the top ten list with Brazil providing $4.56 billion (3.49 million metric tons) and Mexico $3.73 billion (2.85 million metric tons).

A preexisting tariff dispute

Trump is already embroiled in a tariff dispute with Canada and Mexico, one that he was supposed to be pausing for thirty days. However, those promises are now broken.  

The new tariffs will hit Canada hard

Canada will be hit especially hard by Trump’s new 25% tariffs since it not only supplies a large amount of steel to American manufacturers but also most of the US’s aluminum. 

Canada supplies 79% of US aluminum

According to figures published by Reuters, Canada supplied a total of 79% of America’s aluminum from January 2024 to November 2024. This means consumers will likely pay a very hefty price in the future, and Canada’s aluminum sector will be hurt. 

The response from Canada

Canadian officials were quick to respond to Trump’s new threats. Canadian Innovation Minister Francois-Philippe Champagne warned that Canadian aluminum and steel were two major manufacturing inputs that affected a wide range of US sectors. 

Canadian products support key industries

"Canadian steel and aluminum support key industries in.  the U.S. from defence, shipbuilding and auto," Champagne wrote on X. "We will continue to stand up for Canada, our workers, and our industries."

A response from Doug Ford

Ontario Premier Doug Ford, a former Trump supporter turned enemy following his first round of tariff threats, responded to Trump’s latest provocation by noting that Trump’s “shifting goalposts and constant chaos” was putting Canada’s economy at risk. 

Ontario will be impacted the worst

BBC News covered Ford’s comments, which he made on social media, and added that Ontario is an aluminum and steel hub that would be greatly affected by the new tariffs Trump plans to impose on the world. 

Justin Trudeau’s response

Canadian Prime Minister Justin Trudeau was in Paris when the news of Trump’s new tariff threat broke but he had little to say about the issue when asked. 

No comment from Trudeau yet

Trudeau opted not to answer questions about whether or not he planned to retaliate to the likely steel and aluminum tariffs from Washington when asked by reporters during a press conference according to the Toronto Star. 

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