President Trump announced a doubling of tariffs on Canadian steel and aluminum to 50%, effective March 12, citing Ontario’s electricity tax on U.S. exports. This toughens U.S.-Canada trade relations during Trump’s second term. Trump warned of broader restrictions by April 2 if Canada maintains high dairy tariffs. Potential future tariffs on Canadian automobiles and auto parts could heavily impact Canada’s manufacturing sector. Trump’s measures come as he claims Canada benefits disproportionately from trade while shielding key industries. Ontario’s tax, seen as an attack on U.S. consumers, prompted the U.S. tariff escalation.
Tags #International, #Politics, #WhiteHouse
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