Donald Trump slaps Canada with 25% tariffs on steel, aluminum

What’s going on?
U.S. President Donald Trump has imposed 25 per cent tariffs on all steel and aluminum imports — affecting Canada and other major suppliers.
The enhanced duties, announced in February, come as Trump considered doubling them to 50 per cent in retaliation to Ontario’s 25 per cent surcharge on all electricity exports stateside.
In response to the trade action, Finance Minister Dominic LeBlanc said the federal government will implement retaliatory reciprocal tariffs, worth $29.8 billion, on March 13 if the president doesn’t reconsider.
The latest updates come a day before G7 leaders are scheduled to meet in Québec.
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Steel industry layoffs already taking place
Algoma Steel, headquartered in Sault Ste. Marie, eliminated approximately 20 positions as enhanced tariffs on steel and aluminum loomed.
Spokesperson Laura Devoni confirmed in an email to the Toronto Star that the workforce reduction took place before Trump threatened to double the duties to 50 per cent.
💡 KNOW YOUR RIGHTS! Check out our comprehensive blog on how U.S. tariffs could affect non-unionized employees in Canada. You can also use our free Pocket Employment Lawyer to get real-time insights.
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At Samfiru Tumarkin LLP, we’ve helped over 50,000 clients secure fair severance packages — recovering millions of dollars for non-unionized employees across Canada.
With extensive experience representing workers in roles at small businesses and large organizations across various industries, our team provides the expertise you need to navigate your termination effectively.
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• Should I negotiate my own severance package in Ontario?
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• Negotiating severance in B.C.: What employees need to know
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