Trump says that the imposition of 50 % tariffs on Canadian steel, aluminum | Donald Trump News

US President Donald Trump has announced that it will double the planned tariffs for Canadian steel imports and aluminum up to 50 percent, escalating trade war with the northern neighbor of the United States.

In a publication on social media on Tuesday morning, Trump said increased tariffs were coming in response to a decision by Ontario's province to place a 25 percent additional payment for electricity exports to some states to the United States.

He said increased steel and aluminum rates would take effect on Wednesday.

“The only thing that makes sense is Canada to become ours Fifty First StateS This would do all the tariffs and everything else would disappear completely, “Trump writes to Truth Social.

US relations Canada have fallen against the background of Trump's impetus to impose steep rates on a number of Canadian goods and its repeated threats to annexing the country.

The US President has stated the tariffs – some of which have come into force Last week – they were part of the efforts to balance the commercial relations of the countries. However, the Canadian government rejected measures as “unjustified” and revealed vengeful taxes.

On Monday, Ontario Doug Ford Prime Minister announced that his government would impose a 25 percent payment of electricity exports to the US states of Michigan, Minnesota and New York.

Ford – who has I took a strong line Against Trump's economic policies, he told reporters that Ontario electricity for 1.5 million US homes and businesses in these states in the United States.

The payment, the prime minister said, will cost families and businesses up to $ 276,000 ($ 400,000) a day.

“Let me clear, I will not hesitate to increase this fee. If necessary, if the United States escalates, I will not hesitate to completely turn off electricity, “Ford said.

The US Exchange is immersed this week against the backdrop of Trump's economic and commercial policies.

Canada and the US are major trading partners, with the US importing $ 412.7 billion from its northern neighbor in 2024, according to US sales representative. US exports to Canada that year amounts to $ 349.4 billion.

Canada tops the list of foreign suppliers on both steel and aluminum in the United States, with an import of $ 19.5 billion last year, according to S&P Global.

“While steel is a significant part of the total imports in the United States, the country depends much more on Canadian aluminum to respond to domestic demand,” says the Canadian Chamber of Commerce in a recent LeafS

It says US steel and aluminum tariffs can lead to job loss in Canada, while the Canadian Government's revenge measures can raise consumers' prices.

Despite fears that a prolonged trade war With Canada, it can raise Americans' prices and harm the US economy, the Trump administration defended its tariff policy if necessary to close a trade deficit between the two countries.

In his social publication of the truth on Tuesday, Trump warned Canada that if his tariffs for goods in the United States are not eliminated, his administration will increase the planned reciprocal deposits that will come into force in early April.

That “essentially will permanently close the car manufacturing business in Canada,” Trump said.

“These cars can be easily made in the US! Canada also pays very little for national security, relying on the United States for military protection. We subsidize Canada of over $ 200 billion a year. Why ??? This cannot continue. “

Larry Summers, a veteran economist and a former secretary of the US Department of Finance, has stabbed increased rates like Trump. “The youngest trade policy so far. ”

“Increasing the cost of key contribution to US production industries – who work 10 million people – this is what a US opponent would do,” X. wrote Summers to X. “This is a self -inflicted wound to the American economy that we cannot afford, at a time when the risks of recession are increasing. “

The Canadian government did not immediately comment on Trump's message.

Prime Minister Justin Trudeau is expected to officially withdraw in the coming days to allow the new leader of his ruling Liberal Party, Mark Carneyto intervene as the next Prime Minister of the country.

Carney promised to take Trump and deepen Canada's relationship with other trading partners.

“We didn't ask for this match, but the Canadians are always ready when someone else drops the gloves,” he said during his Victory of liberal leadership Speech on Sunday.

“So Americans, they don't have to make a mistake – in trade, as in hockey, Canada will win.”