Canada will introduce $29.8 billion in retaliatory tariffs in response to the U.S. decision to impose 25% duties on steel and aluminium imports. The move follows similar action by the EU, escalating trade tensions with Washington.
Canada is set to introduce retaliatory tariffs worth C$29.8 billion ($20.7 billion) in response to the 25% duties imposed by the United States on steel and aluminium imports, a senior Canadian government official confirmed on Wednesday.
Speaking on condition of anonymity ahead of the official announcement, the official stated that the measure aims to counter the trade restrictions implemented by U.S. President Donald Trump.
Canada’s response comes as part of a broader international reaction to Washington’s tariff policy. Earlier on Wednesday, the European Union also announced new duties on U.S. industrial and agricultural goods in response to the increased levies.
As the largest foreign supplier of steel and aluminium to the United States, Canada has been directly affected by the American tariffs. The decision to introduce countermeasures underscores the growing trade tensions between the two nations, as well as wider global concerns over protectionist policies.
The Canadian government is expected to provide further details on the tariffs and their potential impact in the official announcement.
Iran warned U.S. forces on Monday not to enter the Strait of Hormuz after President Donald Trump said the United S...
Turkish President Recep Tayyip Erdoğan has urged Iraq’s prime minister-designate to form a government which reflects the country’...
The commander of Iran’s Khatam al-Anbia Central Command has warned the U.S. against deploying forces to escort vessels through the Strait of ...
Uzbekistan has unveiled a series of major economic and regional initiatives as more than 4,000 delegates from over 100 countries gather in Samarkan...
Armenia is host to the 8th meeting of the European Political Community which opened in Yerevan on Monday (4 May). ...
Armenia is host to the 8th meeting of the European Political Community which opened in Yerevan on Monday (4 May). Prime Minister Nikol Pashinyan welcomed European Union leaders and heads of international organisations, including NATO Secretary General Mark Rutte.
International cyber agencies on Thursday (23 April) urged organisations to strengthen defences against covert networks used by China-linked hackers to conceal malicious activity, Britain’s National Cyber Security Centre (NCSC) said.
A Canadian woman has been shot dead and 13 others injured in a shooting at the Teotihuacan pyramids on Monday, one of Mexico’s most visited tourist attractions.
Canada’s Prime Minister, Mark Carney, has secured a parliamentary majority for the Liberal Party of Canada, strengthening his ability to govern amid mounting economic pressures, including a trade dispute with U.S. President Donald Trump.
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement released on Saturday (2 May). He warned that Kyiv is ready to respond if necessary amid continued regional tensions linked to Russia’s war.
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chances of a deal after Tehran called for security guarantees, an end to naval blockades and a halt to the war across the region, including in Lebanon.
Malian authorities have launched an investigation into suspected soldiers accused of involvement in coordinated attacks on military bases carried out by militants linked to al Qaeda and separatist Tuareg rebels on 25 April 2026.
Ukraine has launched a new wave of drone strikes on Sunday (3 May) across Russia, hitting key infrastructure and causing casualties in several regions, officials on both sides said.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
The United Arab Emirates has said it's quitting OPEC from 1 May, dealing a major blow to the oil producers’ group and its de facto leader, Saudi Arabia, amid disruption caused by the Iran war.
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield.
China has ordered Meta to unwind its more than $2 billion acquisition of artificial intelligence start-up Manus, marking a major escalation in Beijing’s scrutiny of foreign investment in sensitive technology sectors. The order was issued on Monday by the National Development and Reform Commission.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment