2025-03-12
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This is WORLD Today.
Hello and welcome to World Today.
I'm Dinghen in Beijing.
Coming up, Canada,
U.S. trade war intensifies as President Donald Trump's steel and aluminum tariffs taking effect.
US equities lost trillions of dollars in value as Trump plows ahead on tariffs.
Ukraine is ready to accept a US proposed plan for a 30 day ceasefire with Russia.
And Angola is going to act as a mediator for peace negotiations between Congo and M23 rebels.
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US President Donald Trump's additional tariffs on steel
and aluminum have taken effect after previous exemptions and duty free quotas expired.
President Donald Trump has restored effective global tariffs of 25% on all steel
and aluminum imports.
The duties are also being extended to hundreds of downstream products made from these two metals.
On Tuesday,
Trump threatened Canada with doubling the duties on steel and aluminum from the country up to 50%.
He later backed off on that plan