Trump doubles tariffs on Canadian steel and aluminum to 50%, US market slumps as recession fears grow – The Times of India
US President Donald Trump (Photo-AP) US President Donald Trump escalated trade tensions with Canada on Tuesday by doubling tariffs on steel and aluminum imports from 25% to 50%, citing price hikes on electricity by Ontario’s provincial government as the reason for the move.“I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff,…