What Trumps steel, aluminum tariff threats could mean for Canada – National [Video]

U.S. President Donald Trump announced Monday he will impose tariffs of 25 per cent on steel and aluminum against multiple countries, including Canada, in his latest salvo of trade threats against other nations.

It’s not the first time, however, Trump has imposed such tariffs against Canada — in 2018, he imposed 25 per cent on steel and 10 per cent on aluminum. Those tariffs lasted for about a year.

Prime Minister Justin Trudeau has not commented yet on the proposed threat.

But as the tariffs come into effect, here’s what you should know about Canada’s trading relationship of both products with the U.S.

Canada is the number one exporter of steel to the U.S., according to data from the U.S. Department of Commerce, with about 566,000 metric tons sent across the border last month alone.

According to the Canadian Steel Producers Association, a total of $20 billion in tradeof steel between …