US Business

Canadian steel firms face turmoil after US ‘stab in the back’

When Shale Tobe heard President Donald Trump planned to impose tariffs on Canadian steel, a product that has supported his family for decades, he was in New York on holiday, “spending money down in the US.””I’ll have second thoughts about that” now, he told AFP on the warehouse floor of North York Iron, a family-owned …

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Hit by Trump, Canada and EU seek comfort in numbers

Buffeted by tariffs and threats from Washington, the European Union and Canada hailed their “friendship” and discussed drawing closer together Wednesday, in the latest sign of a Brussels push to diversify trade away from the United States.Canadian Prime Minister Justin Trudeau held talks with top EU officials in the Belgian capital after US President Donald …

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Canada, Mexico, EU slam ‘unjustified’ Trump steel tariffs

Canada, Mexico and the EU on Tuesday slammed US President Donald Trump’s “unjustified” decision to impose tariffs on steel and aluminium imports, which has raised fears of a broader trade war.Trump signed executive orders to impose 25 percent tariffs on imports of the metals starting March 12, triggering a flurry of angry reactions.The European Union …

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Trump signs orders for steel, aluminum tariffs to start March 12

US President Donald Trump signed executive orders to impose 25 percent tariffs on steel and aluminum imports from March 12, ramping up a long-promised trade war despite warnings from Europe and China.The European Union swiftly vowed to retaliate with “firm and proportionate countermeasures”.In an executive order released Monday, Trump said: “As of March 12, 2025, …

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Trump signs executive orders for steel, aluminum tariffs to start March 12

US President Donald Trump signed executive orders to impose 25 percent tariffs on steel and aluminum imports from March 12, ramping up a long-promised trade war despite warnings from Europe and China.”Today I’m simplifying our tariffs on steel and aluminum,” Trump said Monday in the Oval Office. “It’s 25 percent without exceptions or exemptions.”In an executive …

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