💨 Abstract

In 2025, Canadian Prime Minister Mark Carney announced new tariffs on U.S. steel and aluminum imports, effective July 21, contingent on trade talks with U.S. President Donald Trump. Carney emphasized the need to protect Canadian workers and businesses from unjust U.S. tariffs and expressed concern over a potential global recession due to Trump's trade policies. Carney also highlighted the crucial trading relationship between Canada and the U.S., with nearly $3.6

Courtesy: WTOP Staff