U.S. President Donald Trump is set to sign an order on May 6, 2025, to double tariffs on steel and aluminum imports from Canada, raising them from 25% to 50%. This move, aimed at bolstering U.S. industries and protecting jobs, has prompted Canadian officials, including Trade Minister Dominic LeBlanc and Finance Minister François-Philippe Champagne, to explore new markets and increase domestic steel usage. The Canadian steel and aluminum sector, heavily reliant on U.S. exports, faces significant challenges due to these tariffs.
