Trump reverses Canada steel, aluminum tariff hike
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A 25% tariff increase on the metal imports will still go into effect Wednesday, but that rate won’t double after Ontario backed off from imposing retaliatory energy tariffs.
Published March 11, 2025 • Updated 8 hours ago
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The Trump administration has reversed its plan to levy an additional 25% tariff on steel and aluminum imports from Canada.
In an interview with CNBC, Peter Navarro, President Donald Trump’s counselor for U.S. trade and manufacturing, noted that “cooler heads prevailed” after Ontario backed off a retaliatory tariff on energy exports.
The additional duty on the Canadian metal imports — announced Tuesday morning — would have increased their tariff rate to 50%. The president last month ordered a 25% tariff on all steel and aluminum imports that still goes into effect Wednesday.
Canada also topped all countries in aluminum exports to the U.S. in 2024 at more than 3 million metric tons, according to the International Trade Administration. The United Arab Emirates was the next largest at nearly 350,000 tons.
Trump said the increased tariff on Canada is in response to Ontario Premier Doug Ford’s decision to apply a 25% tariff to electricity imports to several U.S. states, including New York, Michigan and
