[Economy]
Canada to respond to Trump's tariffs on steel, aluminum: minister
by Shine
February 11, 2025[Economy]
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Canada will respond to US President Donald Trump's 25-percent tariffs on steel and aluminum, a Canadian minister said Monday.
Canada is consulting with international partners and examining the details of Trump's tariff orders, Canadian Minister of Innovation, Science and Industry Francois-Philippe Champagne said on his social media account.
"Our response will be clear and calibrated," wrote Champagne in a statement.
Trump on Monday signed proclamations to raise tariffs on aluminum from 10 percent to 25 percent and ended duty-free quotas, exemptions and exclusions for steel and aluminum tariffs.
According to local media, the Canadian steel industry has called on the federal government to intervene with retaliatory tariffs.
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