Trump Escalates Tariff War with Canada

President Donald Trump has doubled tariffs on Canadian steel and aluminum to 50% in retaliation for Ontario's electricity tariffs. He demands Canada drop other tariffs on U.S. products and plans to declare a national emergency on electricity. Additional tariffs on Canadian cars are threatened.

In a significant escalation of trade tensions, President Donald Trump announced on Tuesday that he would double tariffs on all steel and aluminum products imported into the United States from Canada to 50%. This move comes as a response to Ontario's imposition of a 25% tariff on electricity exported to the U.S.

Trump's announcement, made via a post on Truth Social, indicated he had instructed the Commerce Secretary to implement an additional 25% tariff, effective Wednesday morning. He criticized Canada for their high tariffs on U.S. dairy products, ranging from 250% to 390%, urging immediate removal and warning of a potential National Emergency declaration on electricity in affected areas.

Further intensifying the dispute, Trump threatened a substantial increase in tariffs on Canadian automobiles, set to take effect on April 2, unless Canada withdraws its longstanding tariffs on other American goods.

(With inputs from agencies.)