President Donald Trump has officially implemented increased tariffs on steel and aluminum imports. These tariffs took effect on Wednesday, following the expiration of previous exemptions and product exclusions. This move represents a sharp escalation in the trade conflict between the U.S. and its neighbors, particularly Canada. As Trump aims to reshape global trade norms in favor of American interests, businesses across all sectors must brace for potential impacts on costs. Observers believe that this has the potential to disrupt supply chains and affect market stability.