Trump’s steel, aluminum tariffs take effect as US-Canada trade war intensifies
Oil & Gas 360º
MARCH 12, 2025
Trumps action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans. Canada ships about 4 million barrels of crude to the U.S.
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