Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
As Canadian Tariffs Increase, Supreme Court Scrutinizes Trump’s Authority on Emergency Trade Measures

As Canadian Tariffs Increase, Supreme Court Scrutinizes Trump’s Authority on Emergency Trade Measures

Bitget-RWA2025/10/25 21:54
By:Bitget-RWA

- U.S. President Trump imposed 10% tariffs on Canadian imports after Ontario aired a $75M anti-tariff ad featuring Reagan, escalating bilateral tensions. - Canada announced targeted steel/aluminum tariff exemptions and shifted trade focus to Southeast Asia, as Trump froze negotiations and imposed 50% tariffs on Canadian steel/aluminum. - Alcoa Corp. reported $69M in costs from Canadian tariffs, while U.S. aluminum premiums surged 113%, highlighting economic impacts. - Legal challenges loom as the U.S. Supr

On October 24, 2025, President Donald Trump announced a new 10% tariff on goods imported from Canada, further straining relations after Ontario aired a $75 million anti-tariff commercial during the World Series, featuring the voice of former U.S. President Ronald Reagan. The advertisement, which openly criticized Trump's trade approach and was not immediately pulled, led Trump to accuse Canada of "fraud" and "cheating," resulting in the sudden halt of trade talks, as reported by

.

Ontario Premier Doug Ford was behind the ad, which referenced Reagan's 1987 comments on tariffs, arguing that such measures are damaging to both consumers and businesses. Since his re-election, Trump has made tariffs a key part of his economic agenda. In response to the ad, he suspended negotiations with Canadian Prime Minister Mark Carney, who has described the discussions as "constructive" but stressed that Canada cannot dictate U.S. trade policy, according to Cryptopolitan. This development is the latest in a series of disputes, including Trump's previous 50% tariffs on Canadian steel and aluminum, which have negatively affected industries in both countries, as outlined in

.

As Canadian Tariffs Increase, Supreme Court Scrutinizes Trump’s Authority on Emergency Trade Measures image 0

Canadian authorities have tried to soften the blow by introducing targeted tariff exemptions. Finance Minister François-Philippe Champagne announced relief measures for certain U.S. and Chinese steel and aluminum imports to help key domestic sectors such as public health, national security, and agriculture, according to

. Meanwhile, Carney is focusing on expanding trade partnerships, especially in Southeast Asia. He plans to attend the 47th ASEAN Summit in Malaysia, where he will highlight Canada's dedication to regional cooperation and economic integration, as reported by .

The U.S. aluminum sector remains at the center of the trade dispute.

Corp., the top aluminum producer in the U.S., reported incurring $69 million in extra costs from Canadian tariffs during the third quarter, though higher domestic prices helped offset some losses, according to . CEO William Oplinger stated that U.S. aluminum premiums have jumped 113% since early June due to Trump’s trade actions, with an additional $50 million in costs expected this quarter. The company is also dealing with rising energy expenses and operational difficulties at its Spanish plant, Bloomberg added.

Canadian labor unions have stepped up their demands for government intervention as layoffs tied to tariffs increase. Unifor, the largest private-sector union in Canada, called for urgent government procurement measures to save the PACCAR truck factory in Quebec, which recently announced 300 more layoffs due to U.S. tariffs. Union representatives argued that local governments should prioritize domestic purchasing to safeguard jobs and industrial skills, according to

.

On the legal front, Trump’s authority to impose tariffs is being challenged in the U.S. Supreme Court, which will hear arguments on November 5 regarding the president’s power to enact tariffs under emergency provisions. Trump has defended the tariffs as essential for national security and economic stability, even as courts have found parts of his policy unconstitutional, as reported by Global News. The Justice Department has cautioned that lifting the tariffs could bring “financial ruin” to the U.S., while opponents claim the measures infringe on Congress’s trade authority.

As the dispute continues, Carney’s administration is navigating a complicated environment. While Trump has accused Canada of trying to sway the Supreme Court case with its ad, Ottawa insists its actions are lawful. Carney’s emphasis on ASEAN and other trade partners signals a broader effort to lessen reliance on the U.S. market, even as talks over steel, aluminum, and energy remain at a standstill, according to Cryptopolitan.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Nasdaq's initiative to introduce tokenized stocks encounters regulatory resistance from the WFE

- Nasdaq submitted a tokenized stock proposal to the SEC, seeking regulatory approval while collaborating with agencies to ensure compliance. - The WFE warned that tokenized assets could weaken investor protections and create regulatory imbalances by bypassing traditional market rules. - Nasdaq partnered with Revolut to strengthen regtech capabilities, emphasizing innovation balanced with compliance frameworks during SEC review. - The SEC's "Innovation Exemption" framework aims to accelerate blockchain ado

Bitget-RWA2025/11/30 02:12
Nasdaq's initiative to introduce tokenized stocks encounters regulatory resistance from the WFE

The Xerox Campus located in Webster, NY: An Example of How Infrastructure Enhances Real Estate Value

- Webster , NY transformed the Xerox brownfield into a high-value industrial hub via infrastructure grants and public-private partnerships. - $9.8M FAST NY funding enabled shovel-ready upgrades, attracting advanced manufacturing and logistics firms to the 300-acre site. - Strategic anchors like the $650M fairlife dairy facility and NY Forward programs validate the model, boosting property values by 10.1% annually. - The success demonstrates how infrastructure-led redevelopment in post-industrial markets ca

Bitget-RWA2025/11/30 02:10
The Xerox Campus located in Webster, NY: An Example of How Infrastructure Enhances Real Estate Value