
KEY POINTS
- Trump has implemented 25% tariffs on all imported steel and aluminum
- Canada previously warned that Canada will respond in kind to Trump's tariffs
- Australia has criticized the 'concerning' tariffs and said they are against U.S.-Australia trade ties
U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect Wednesday, marking a significant development in the president's intensifying trade war with some American trade partners, including neighbor Canada.