Trump says that the imposition of 50 percent tariffs on the Canadian steel, aluminum | News
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President Donald Trump says increased tariffs come in response to Ontario’s electricity exports in us.
US President Donald Trump has announced that he will double the planned tariffs in Canadian steel and aluminum imports to 50 percent, escalating Trade war with the northern neighbor of the United States.
In a post on social networks on Tuesday morning, Trump said the increased tariffs come in response to the decision of the Ontario Province to put a 25 percent extra charge on electricity exports to some US states.
He said the increased tariffs on Steel and Aluminum would take effect on Wednesday.
“The only thing that makes sense is that Canada become ours Nursing Fifty First State. That would do all the tariffs, and everything else disappears, “Trump wrote about the truth of Social.
Relations in the US-Kanadi fell in the middle of Trump’s pressure to impose steep tariffs on a series of Canadian goods and its repeated threats to the annexation of the country.
The US president said the tariffs are part of the effort to balance the trade relations of the countries. But the Canadian government rejected the measures as “unjustified” and revealed retaliation.
On Monday, Prime Minister Ontario Doug Ford announced that his government would impose 25 percent extra charge of electricity exports to the US states Michigan, Minnesota and New York.
Ford – Who has Took a strong line Against Trump’s economic policies – told reporters that electricity in Ontario enables 1.5 million US homes and companies in those US countries.
Supplements, the Prime Minister said, would cost families and companies as many as $ 276,000 ($ 400,000 Canadian dollars) per day.
“Let me be clear, I will not hesitate to increase this accusation. If necessary, if the United States escalates, I will not hesitate to completely exclude the current,” Ford said.
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