Insignia Consultants | Trump takes aim at Canada with doubled tariffs on metals

Trump takes aim at Canada with doubled tariffs on metals

WASHINGTON, March 11 (Reuters) - President Donald Trumpon Tuesday doubled his planned tariffs on all imports of steel and aluminum products from Canada to 50%, in response to the province of Ontario's decision to place a 25% tariff on its electricity exports to the U.S.

Trump said in a post on his Truth Social media platform that he has instructed his commerce secretary to add an additional 25% tariff on the metals products that will go into effect on 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.

https://www.reuters.com/world/americas/trump-says-he-will-raise-tariffs-canada-metals-50-2025-03-11/

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