U.S.-Canada Trade Tensions Escalate Over Steel and Aluminum Tariffs
Commerce Secretary Howard Lutnick criticizes Canada’s retaliatory tariffs while praising Mexico and the U.K. for restraint in trade disputes.
- Commerce Secretary Howard Lutnick condemned Canada’s reciprocal tariffs on U.S. goods, calling the response 'tone deaf' and politically motivated.
- Canada imposed tariffs on $15.6 billion worth of U.S. steel and aluminum and an additional $14.2 billion on goods like tools and sports equipment.
- Lutnick praised Mexico and the U.K. for not retaliating, contrasting their approach with Canada’s actions during its election season.
- Ontario Premier Doug Ford met with Lutnick and described the discussions as productive, though both countries’ tariffs remain in place.
- The Trump administration emphasized its goal of 'fair trade' and eliminating trade deficits, while Canada threatened further countermeasures.