Trump doubles tariffs on metals imports from Canada
www.rte.ie
US President Donald Trump ramped up a burgeoning trade war with Canada, saying he will double tariffs set to take effect within hours on all imported steel and aluminium products from Canada to 50%.

US President Donald Trump has today announced massive new tariffs on Canadian steel and aluminium, while threatening to “shut down” its car industry and saying the best way to end the trade war was for Washington’s ally to be absorbed into the US.

  • katy ✨@lemmy.blahaj.zoneEnglish
    15·
    20 hours ago

    welp rip to the us housing and automobile market. hope you weren’t planning on buying a house or car anytime soon.

    • ThePantser@sh.itjust.worksEnglish
      6·
      20 hours ago

      Thankfully I have a home and a good car so I am fine but I am pissed because I have nieces and nephews that are entering the world of parenthood and won’t be able to buy a family vehicle or a starter house. This also kills any of my planned home renovations because I won’t be able to afford lumber if the orange turd pisses off the Canadians further and tariffs lumber further.