Canada, Trump and trade war

Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war Tuesday, announcing on Truth Social that he will double the tariffs on steel and aluminum coming from Canada from 25% to 50% in retaliation for new trade restrictions put in place by the province of Ontario this week.
The markets hate Trump's trade war — but he just threatened Canada again
President Donald Trump increased tariffs on steel and aluminum coming from Canada by 25% and said he'll declare a national emergency on electricity.
Dow drops nearly 600 points as Trump escalates trade war with Canada
Following Monday's rout on Wall Street, stocks extended their slide after President Trump ramped up his trade war with Canada.
Trump admin. says tariffs meant for 'drug war, not trade war'
National Economic Council director Kevin Hassett said in an interview with ABC News' "This Week" that the tariffs are not meant to start a trade war. "What happened was that we launched a drug war, not a trade war, and it was part of the negotiation to get Canada and Mexico to stop shipping fentanyl across our borders," Hassett said.
Kentucky Bourbon Makers Fear Becoming 'Collateral Damage' in Trump's Trade War
With a new distillery set to open soon, the makers of Brough Brothers bourbon in Kentucky were ready to put their business plan into action. They were looking to ramp up whiskey production to break into lucrative new markets in Canada and Europe.
Kentucky bourbon makers fear fallout from Trump’s zig-zagging trade war
"It’s extremely frustrating,” said Brough Brothers Distillery CEO Victor Yarbrough, who started the Louisville distilling company with his brothers. “We are collateral damage.”
Trump escalates trade war with Canada by doubling tariffs on aluminum and steel
President Trump said he would double steel and aluminum tariffs on Canada amid a fight with Ontario over higher electricity ...
Trump says he will double planned tariffs on Canadian aluminum and steel, sticking with trade war despite market drop
President Trump said he will double planned tariffs on Canadian aluminum and steel, sticking with his trade war despite this ...
Trump Administration Live Updates: Markets Are Steadier After Trade War Rattles Investors
Stocks steadier: A measure of calm returned to global markets on Tuesday after Wall Street had its worst day of 2025.
China learned from Trump’s first trade war and changed its tactics when tariffs came again
The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he ...
Canada's next PM Carney vows to win trade war as Ontario plans electricity tariffs on US
Bank of England governor, who has won the Liberal election to succeed Justin Trudeau, says he will keep tariffs until ...
Ontario slaps 25% increase on electricity exports to US in response to Trump’s trade war
TORONTO (AP) — Ontario’s premier, the leader of Canada’s most populous province, announced that effective Monday his province ...
Ontario slaps 25% tax increase on electricity exports to US in response to Trump’s trade war
Ontario’s premier, the leader of Canada’s most populous province, is now charging 25% more for electricity shipped to 1.5 ...
Trade War to Force Bank of Canada to Cut Deeper, Economists Say
The trade battle between the US and Canada is prompting economists to predict the Bank of Canada will lower its policy ...