Your current location is:{Current column} >>Text
The United States confirms a 25% tariff increase on steel and aluminum, applying pressure to Canada.
{Current column}969People have watched
IntroductionThe White House confirmed on March 11 that the 25% tariffs on steel and aluminum will take effect at ...

The White House confirmed on March 11 that the 25% tariffs on steel and aluminum will take effect at midnight as planned, and no trading partners will be granted exemptions. President Trump stated that an additional 25% tariff will be imposed on all steel and aluminum products from Canada, bringing the total tariff for these products entering the U.S. from Canada to 50%. This policy will take effect on the morning of March 12.
Trump's decision is in response to a 25% electricity tax policy implemented by the Government of Ontario, Canada, which requires a 25% tax on electricity exported to the United States. However, shortly after Trump announced this policy, reports emerged that the U.S. had not yet signed the formal documents to impose the tariffs.
Ontario Premier Doug Ford had a conversation with U.S. Secretary of Commerce Wilbur Ross, indicating a willingness to abandon the 25% charge on electricity exports to the U.S. Nevertheless, Trump remains firm on imposing the 25% tariffs on steel and aluminum products from Canada and all other trade partners, with no exceptions or exemptions. White House spokesperson Sarah Huckabee Sanders confirmed in a statement that the tariffs would take effect as scheduled at midnight, March 12.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
The Fed may cut rates by 25 basis points, focusing on Trump’s policies' impact on the economy.
{Current column}This week, the Federal Reserve is expected to cut interest rates by 25 basis points again at the mee ...
Read morePremium Coin Trades said I need to pay a “system access fee” to withdraw my funds. Is this standard?
{Current column}They’re telling me I need to pay a $1,000 “system access fee” to finalize my withdrawal. I’ve never ...
Read moreOctanord said I need to pay a “system verification fee” before I can withdraw my funds.
{Current column}They’ve asked for a $1,200 “system verification fee” to verify my withdrawal process. This is someth ...
Read more
Popular Articles
- Rising rent pressures low
- I’ve been trying to withdraw my funds for weeks now. Sterlinglobemark keeps saying there’s a delay.
- Premium Invest Solution suddenly wants me to pay a $2,100 "financial control fee"
- Axmarketsignal claimed I need to pay a “fund recovery fee” before I can withdraw my money.
- Germany’s exports and output fell; Trump’s re
- DesupercoinTrade has just added a $2,600 “system activation fee” on me
Latest articles
-
Bank of England may cut rates again, pound eyes 200
-
EquinoxForexMarket has added a $2,500 “withdrawal confirmation fee” to my request
-
Markexview LTD said I need to pay a 'currency processing fee' before I can withdraw.
-
Titan Macro just added a $2,400 "terminal audit charge" to my withdrawal process.
-
ZenithTrustCorp hit me with a $1,850 “security inspection payment” just as I tried to withdraw.
-
“liquidity verification fee”? BitStockTrades surprised me by introducing this?