Trump set a 25% tariff, essentially a tax, on any steel and aluminum coming into the United States. As a result, consumers could expect to pay more for a wide range of products, from appliances and automobiles to canned beverages and sporting goods.

If the United States imposes tariffs on imports of Canadian steel and aluminum, some Americans will lose their jobs and U.S. growth will suffer, Prime Minister Justin Trudeau said on Wednesday.

The president’s plan to impose 25 percent tariffs on foreign steel and aluminum could protect U.S. suppliers, while increasing costs for others.