Recent developments in U.S.-Canada trade relations have seen President Trump impose a sweeping 25% tariff on steel and aluminum imports, prompting swift retaliation from Canada. Canada has announced over $20 billion in tariffs on U.S. goods, with specific measures amounting to C$29.8 billion. The situation escalated further when Trump initially threatened to double the tariffs on Canadian metals, only to backtrack after Ontario suspended an electricity surcharge. Experts warn that these tariffs are expected to cause unprecedented disruption in the auto industry and could significantly impact the American steel market. The ongoing trade war raises concerns about economic repercussions for both countries, as negotiations and countermeasures continue to unfold.