By tredu.com • 6/4/2025
Tredu
In a firm statement issued late Tuesday, the Canadian Prime Minister's Office condemned newly imposed US tariffs on Canadian steel and aluminum, labeling the measures “unlawful and unjustified.” The move reopens longstanding trade tensions between Washington and Ottawa just as both economies are navigating a fragile post-pandemic recovery.
The statement also confirmed that the Canadian government is actively engaged in high-stakes, ongoing negotiations with the United States to reverse the decision. The Prime Minister’s Office emphasized that Canada is seeking a resolution that protects its industrial base and ensures fair trade practices.
Related article: Timeline of Canada-US Trade Disputes
The reintroduction of tariffs could impact North American supply chains, particularly in manufacturing and construction sectors where cross-border metal trade plays a vital role. Market participants are watching closely for retaliatory steps or shifts in policy from either side.
📌 Explore more: How Tariffs Affect Commodity Markets
The tariff decision also arrives during a broader realignment of global trade under the Trump administration, with new tariffs being proposed on various fronts. Canada's firm stance may serve as a model for other US trading partners to push back diplomatically.
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By Tredu.com · 8/29/2025
By Tredu.com · 8/29/2025
By Tredu.com · 8/29/2025