In retaliation, to U.S. President Donald Trump announcing no more steel and aluminium tariff exemptions for Canada today, Canada is now firing back by imposing dollar for dollar tariffs against the U.S.
The United States is looking at tariffs of 25% on imported steel and 10% on imported aluminium from Canada.
Canada will impose their tariffs on U.S. imports as of July 1.
The Canadian tariffs will be in place until the U.S. eliminates theirs.