Trump Says He’s Doubling Tariffs on Canadian Steel, Aluminum

President Donald Trump said he would increase steel and aluminum tariffs on Canada to 50% to retaliate against Ontario’s move raising taxes on electricity sent to the US, ramping up his fight with the US’s largest trading partner.

“This will go into effect TOMORROW MORNING, March 12th,” Trump said Tuesday in a social media post. A planned 25% metals tariff is set to take effect just after midnight, and Trump’s decision doubles the rate for Canada.

The US president said he would also “substantially increase” tariffs on Canadian automobile parts on April 2 if Ottawa does not drop tariffs on dairy products and other US goods.

The move would “essentially, permanently shut down the automobile manufacturing business in Canada,” Trump said. The president reiterated his belief that Canada should become a part of the US, saying it would “make all Tariffs, and everything else, totally disappear.”

Trump’s move to increase tariffs on Canada would cost American businesses. Canada is the main source of aluminum for US industry and the auto plants Trump is threatening to shutdown are owned by US automakers.

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[annphelan]

Canada will never forget, never forgive

[Cruisecontrol]

Americans voted for this. They want it.

[salesmasterjimmy]

He said he was going to do this during his campaign. Why is everyone now surprised by him doing it????

[RickardApps]

Europe needs to support Canada NOW! Buy Canadian

[davep]

Time to raise the electricity tariff to 50% in response to these tariffs

[damianmartinez]

Seriously America, what are you doing?? He said he was going to do this in his campain and you still voted this idiot/felon in the White House. Thanks 🤦🏽‍♂️

[diegosuarez]

Plenty of other countries will buy the steel and aluminum.

[RT-trmr]

The 250% tariff applies only when the U.S. exceeds the agreed-upon amount of dairy products it exports to Canada. Only surplus products are subject to higher tariffs. It should be noted that dairy imports that fall within the agreed quota generally have lower tariffs or even zero tariffs.

This agreement, called CUSMA, was renegotiated in 2018, and President Trump approved the trade deal.

[marc]

Next step is putting tariffs on all cross border financial transactions and services to ruin everything even more

[nunyafunyuns]

Man, Trump is really hammering his own people lol

[KC-cxnn]

Crash everything and then “shop”on the cheap…..straight from the billionaire playbook 😜😜🇺🇸🇺🇸

[MikeW-yktr]

This is how trump shows his love to his fellow Americans?? He won't be happy until 2 Million Americans have no

[MarkM-kd]

If I was Canada 🇨🇦 I would just turn off the lights.

[drespeed]

25% on electricity, was Ford not clear enough? Why pick a fight with your brother or sister where is the benefit

[LanceWortham-fo]

President Trump knows what he is doing give him some time

[TwoPawz-]

America doesn’t need Canada, they need to get a clue and get someone running who loves the American people, not someone who thinks tariffs is one sided

[Aries]

I really wish I was smart enough to understand tariffs

[Theylietous]

Cut off electricity to America now. Let them feel what their president is doing.

[sherrih]

My sincerest apologies to Canada, I am completely embarrassed to be governed by this Fool. 😮😢

[wimoosterhof]

😂😂 two month president and the chaos is complete