Trump says steel, aluminum tariffs will soar after Ontario electricity tax
Global News
According to the Aluminum Association of Canada, the United States relies on Canada for 75 per cent of its imported primary aluminum.
U.S. President Donald Trump said steel and aluminum tariffs on Canada will go up to 50 per cent, in response to Ontario’s decision to impose a 25 per cent tariff on electricity imports to the U.S.
“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. This will go into effect TOMORROW MORNING, March 12th,” Trump posted on Truth Social.
The U.S. president said he will raise the threatened tariff on steel and aluminum from Canada from the 25 per cent set to go into effect on Wednesday to 50 per cent.
According to the Aluminum Association of Canada, the U.S. relies on Canada for 75 per cent of its imported primary aluminum.
Trump said he would “permanently shut down” the automobile manufacturing industry in Canada, if Ontario does not back down. He has threatened tariffs on Canada’s auto sector on April 2.
“I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada. If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada,” he said.
Trump repeated his threat of making Canada the 51st state of the United States.
“The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear,” he said.
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