Trump May Rethink Plans To Double Canada Steel, Aluminum Tariffs

The United States broadened its slate of tariffs Wednesday as sweeping levies on steel and aluminum imports took effect "with no exceptions or exemptions" as promised by the White House -- despite countries' efforts to avert them.

President Donald Trump's 25 percent duties on both metals will likely add to the cost of producing anything from home appliances to automobiles and cans used for drinks, threatening to raise consumer prices down the road.

"It wouldn't surprise me to see the tariffs pretty quickly show up in prices," Cato Institute research fellow Clark Packard told AFP.