Trump Doubles Tariff on Canadian Steel, Aluminum

President Donald Trump has implemented a 50% tariff on steel and aluminum imports from Canada, a response to Ontario's 25% tariff on electricity exports to the U.S. He criticized Canada's high tariffs on American dairy products and threatened to raise tariffs on Canadian cars unless these tariffs are reduced. Trump's recent actions and statements reflect a complicated stance on trade, with indications that he may soften his approach amidst internal opposition to his policies. Critics argue that Trump's tariffs ultimately burden American consumers rather than benefiting the U.S. economy. Meanwhile, Trump expressed his appreciation for Elon Musk's initiatives and discussed negotiations regarding Iran's nuclear program during a recent interview.