The United States and Canada Tuesday escalated the trade war between them after President Donald Trump imposed a 50 percent tariff on steel and aluminum products imported from Canada.
This was after Ontario Province slammed a 25 percent tariff on its electricity exports to the United States.
In a post on his Truth Social media platform,Trump announced that he had instructed his commerce secretary to add an additional 25 percent 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 US dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area”, Trump wrote.
Moreover, Trump also threatened to “substantially increase” tariffs on cars coming into the US on April 2 “if other egregious, long time Tariffs are not likewise dropped by Canada.”
Reacting on Tuesday Ontario Province Premier Doug Ford said he would not “hesitate” to shut off electricity exports if Trump continued the trade war.
“That’s the last thing I want to do,” the premier said. “I want to send more electricity down to the US, to our closest allies, our best neighbours in the world.”
“Is it a tool in our toolkit? 100 per cent, and as he continues to hurt Canadian families, I won’t hesitate to do that.”
