Trump doubles steel and aluminum tariffs to fifty percent
President Donald Trump signed an executive order doubling U S steel and aluminum tariffs to 50 percent, excluding UK imports. Canadian officials warn of economic damage yet express cautious optimism after meetings with U S officials. Canada remains a major supplier, while experts warn of higher costs for Americans and potential job losses in Canada.
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Canadian tourism could gain billions from U S trade tensions
A Conference Board of Canada report projects up to 8.8 billion in domestic tourism gains as Canadians cut U S travel and travel closer to home amid tariff disputes. It notes travel intentions shift to domestic trips, with a weaker loonie and staycations likely. Canada could also benefit from overseas visitors amid U S aggression.
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