Trump Doubling Tariffs On Canadian Steel And Aluminum In Retaliation For Ontario Electricity Charges
President Donald Trump said he would impose a 50% tariff on all Canadian steel and aluminum products Wednesday, doubling the planned global levy for the products and deepening the trade war with the U.S.’s northern neighbor.
President Donald Trump walks on the South Lawn of the White House after stepping off Marine One in ... [+]
Trump announced on Truth Social Tuesday he would impose an additional 25% tariff on steel and aluminum imports for Canada—on top of the 25% already planned for global steel and aluminum—in retaliation for Ontario’s 25% charge on electricity imports.
He also said he would declare a “National Emergency on Electricity within the threatened area,” which primarily impacts Minnesota, Michigan and New York, writing that it “will allow the U.S. to quickly do what has to be done to alleviate this abusive threat from Canada.”
This is a developing story and will be updated.