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Trump’s latest announcement came after Ontario Premier Doug Ford slapped 25% additional tariffs for electricity to 1.5 million Americans in response to his trade war.
US president Donald Trump
In a significant escalation to a lingering trade war with Canada, US President Donald Trump on Tuesday said he has instructed his Commerce Secretary to impose double tariffs on all Canadian imports to 50%. His response came after Ontario slapped a 25% tariff on electricity provided to the US.
“Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD,” Trump said on his Truth Social platform.
The tariff will come into effect on Wednesday (March 12), marking an immediate end to the temporary pause in tariffs Trump had announced earlier on Canadian goods. Trump’s trade war against Washington’s three biggest trading partners – Canada, Mexico and China, has drawn immediate retaliation and wreaked havoc on financial markets.
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- Location :
Washington D.C., United States of America (USA)
