Steel News

We strive to let you one step ahead of the market.

Trump makes clear no intention of lifting tariffs on Canadian goods

7 May 2025 14:29 reported by Stanley Wang

A A A

In their first official meeting at the White House, Canadian Prime Minister Mark Carney and US President Donald Trump struck a friendly tone. Trump reiterated his vision of Canada as the 51st US state, claiming such a move would offer Canadians lower taxes and US military protection. Carney firmly rejected the idea, stating Canada was never for sale.

 

While both leaders exchanged compliments, Trump made clear he had no intention of lifting tariffs on Canadian goods, emphasizing a preference for domestic production. Carney, who recently led his Liberal Party to victory on an anti-Trump platform, emphasized many opportunities to work together, but Trump offered no specifics on potential collaborations with the US’ second-largest trading partner. Despite tensions over trade and national sovereignty, Trump assured that the US would always protect Canada militarily.

Back to Steel News

Related News

International crude oil prices plummet on May 6

  • Others
  • 7 May 2026 15:25

Green trade takes center stage at 2026 Taiwan International Fastener Show

  • Others
  • 22 Apr 2026 16:50

China's real estate investment drops 11.2% in Q1 2026

  • Others
  • 22 Apr 2026 12:15

Taiwan's fastener exports rebound in Mar m-o-m, overall remain under pressure

  • Others
  • 17 Apr 2026 14:02

International crude oil prices keep rising on Apr 16

  • Others
  • 17 Apr 2026 13:45

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more