Home WorldTrump Announces New 50% Tariff on Canadian Steel & Aluminum, Ontario Premier Ford Warns of Power Retaliation

Trump Announces New 50% Tariff on Canadian Steel & Aluminum, Ontario Premier Ford Warns of Power Retaliation

by Sonia Park
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Trump Announces New 50% Tariff on Canadian Steel & Aluminum, Ontario Premier Ford Warns of Power Retaliation

President Donald Trump has announced that a new tariff on Canadian steel and aluminum will take effect tomorrow, raising the duty to 50%. Trump made the declaration on Truth Social, citing Ontario Premier Doug Ford’s recent decision to impose a 25% surcharge on electricity exports to the United States. The ongoing economic dispute between the two nations has quickly escalated, with Ford warning that Ontario could completely cut off power exports if the U.S. takes further trade actions.

https://youtu.be/WHSIGiAd3vI

Trump's move comes amid increasing tensions over trade policies. . .

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