US import costs of steel and aluminium, used in everything from baseball bats to cars and aircraft parts, are expected to rise by more than $100bn after Donald Trump raised tariffs on the metals to 50 per cent this week.

Despite an exemption from 50 percent tariffs, Britain still faces a 25 percent duty because its trade deal with the United States has yet to be put in place.

Ontario Premier Doug Ford joins 'Money Movers' to discuss the U.S. new tariffs on steel and aluminum and the impact on Canada and Americans.

Europe already has tools to reduce the impact of Trump tariffs and Chinese over-capacity on the EU steel industry, such as stopping Russian imports of the metal, a Thyssenkrupp executive board member said on Thursday.

Metallus is poised for growth amid Trump's steel tariffs and defense orders. Shares are quite undervalued, trading at low estimated EV/EBITDA. See more on MTUS here.

When it comes to President Trump's 50% tariffs on steel and aluminum, big ticket items such as cars, washing machines and heavy machinery often come to mind, but as Jo Ling Kent reports, they're hitting smaller,

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.