Former U.S. President Donald Trump announced on Tuesday that he is doubling the tariff on all steel and aluminum products imported from Canada to 50%, escalating trade tensions between the two countries. The move comes in response to Ontario’s decision to impose a 25% tariff on electricity exported to the United States.
In a post on his social media platform, Truth Social, Trump said he has directed his commerce secretary to enforce an additional 25% tariff on Canadian steel and aluminum, effective Wednesday morning.
“Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area,” Trump wrote.
Trump also warned that he may “substantially increase” tariffs on Canadian automobiles starting April 2 if other trade barriers imposed by Canada are not removed.
This latest move intensifies ongoing trade disputes between the U.S. and Canada, particularly in the steel, aluminum, dairy, and energy sectors. The impact of these tariffs is expected to be significant, affecting key industries on both sides of the border.
Sources By Agencies
