U.S. threats of 50% tariffs on aluminium, steel imports put Manitoba firms on edge

U.S. threats of 50% tariffs on aluminium, steel imports put Manitoba firms on edge

Breaking News, Sports, Manitoba, Canada

U.S. Imports Surge Amid Tariff Uncertainty

In Q1, U.S imports surged at the fastest pace since the COVID recovery, driven largely by businesses front-loading goods ahead of expected tariff hikes. However, the increase was highly uneven across sectors. Much of the growth was concentrated in a few specific items, such as computers, semiconductors, telecommunications equipment, finished metal parts, and pharmaceutical products.