The US has raised tariffs on Canadian and Mexican steel and aluminum from 25% to 50%, effectively shutting Canadian exports out of the US market. Mexican officials believe the tariffs will eventually need adjustments due to their economic impact. President Donald Trump is using tariffs as leverage to push for individual trade agreements, with the UK being the only country to finalize a deal so far. While the tariffs are meant to protect US American industries and jobs, they also increase costs for key sectors like auto manufacturing and construction. These price hikes may ultimately burden US consumers, including many of Trump's supporters.
This video summary was created by AI from the original DW script. It was edited by a journalist before publication.