President Trump said in a social media post he will probably be growing tariffs on Canadian metal and aluminum to 50%, beginning tomorrow, in response to Ontario’s 25% surcharge on electrical energy coming into the US.
“Primarily based on Ontario, Canada, putting a 25% Tariff on ‘Electrical energy’ coming into the US, I’ve instructed my Secretary of Commerce so as 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 wrote. “It will go into impact TOMORROW MORNING, March twelfth.”
Trump additionally mentioned he would declare a nationwide emergency on electrical energy throughout the space affected by Canadian electrical energy shipments and threatened to lift tariffs on Canadian automotive imports to be able to “completely shut down the auto manufacturing enterprise in Canada.”
Moreover, the president insisted Canada cut back its tariffs on US dairy merchandise following his risk final week of recent reciprocal tariffs on Canadian lumber and dairy merchandise.
