Trump administration doubles tariffs against Canada to 50 percent effective March 12
The Trump administration announced a doubling of import tariffs on Canadian steel and aluminum to 50 percent effective tomorrow, March 12, in reaction to a decision by Ontario’s government to slap a 25 percent tax on electricity exports to the US, President Trump said in extensive remarks on his social media platform Truth Social.
“Based on Ontario, Canada, placing a 25 percent tariff on electricity coming into the United States, I have instructed my secretary of commerce to add an additional 25 percent tariff to 50 percent on all steel and aluminum coming into the US from Canada, one of the highest tarrifing (sp) nations anywhere in the world,” Trump said. “This will go into effect tomorrow morning.” Trump added that Canada must immediately drop their “anti-American farmer tariff” of 250 percent to 390 percent on various US dairy products, which has long been considered outrageous, he said.