If Donald Trump goes ahead with threatened 25 per cent tariffs on steel and aluminum, that would stack on top of the 25 per cent across-the-board tariff on Canadian goods that he has already vowed, the White House confirmed to Global News.
That means the tariffs on Canadian steel and aluminum imports into the U.S. would total 50 per cent.
On Feb. 1, the U.S. president signed an executive order imposing tariffs on Canadian and Mexican goods.
“I have implemented a 25% Tariff on Imports from Mexico and Canada (10% on Canadian Energy), and a 10% additional Tariff on China,” Trump said in a statement at the time.
Prime Minister Justin Trudeau announced Canada would impose retaliatory tariffs worth $155 billion in an address to the nation later that night.
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A day before the tariffs were to go into effect, Trudeau and Trump had a phone call after which Trump decided …