21 JUNE 2025AlCircle.com
No G20 repeat at G7: Canada warns of tariffs on US aluminium and steel amid faltering trade talks
Edited by : Debanjali Sengupta
5 min read
Following a disappointing outcome at the G7 summit, Canada has signaled to adopt a tougher stance against the United States, as a renewed trade standoff threatens to unravel years of economic integration under the USMCA.
Initially, the G7 platform had reignited a hope for the cooperative spirit that led to the 2020 USMCA trade pact, often dubbed “NAFTA 2.0”, but eventually concluded without any resolution on escalating tariff tensions. As a result, Canada is preparing to implement further retaliatory measures against the US, responding to Washington’s planned 50 per cent tariff hike on Canadian goods scheduled to take effect on July 9, 2025.
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