https://www.theglobeandmail.com/
The U.S. says 25-per-cent tariffs on Canadian steel and aluminum are still set to take effect on Wednesday, a move that would escalate the trade war between the two countries that President Donald Trump launched last week.
Mr. Trump initiated 25-per-cent tariffs on all Canadian goods last Tuesday, with energy and critical minerals facing a 10-per-cent tariff. Prime Minister Justin Trudeau quickly retaliated with 25-per-cent tariffs on $30-billion worth of imported goods from the U.S., rising to $155-billion if the U.S. levies aren’t lifted.
Two days later, Mr. Trump signed an executive order to temporarily grant Canada and Mexico a partial reprieve from the 25-per-cent tariffs until April 2. The order also lowered the tariff on potash, a fertilizer essential to all major American crops, to 10 per cent from 25 per cent.
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