Steel and aluminum imports from Canada to the US will have a 50 %tariff, President Donald Trump announced, who folded the gravamen planned for this Wednesday in response to the increase in Canadian rates to Ontario energy to US households.
President Donald Trump announced on Tuesday that he will double the tariffs planned for all steel and aluminum products that enter the United States from Canada, in response to the 25 % increase by the province of Ontario at the cost of electricity that sends to US homes.
Trump said in a social publication that he instructed its secretary of Commerce to add an additional 25 % tariff to which it will enter into force on Wednesday morning about imports of these metals.
“In addition, Canada must immediately eliminate its anti -state tariff for farmers from 250 % to 390 % on several US dairy products, which for a long time has been considered scandalous. I will soon declare a national emergency on electricity within the threatened area,” wrote Trump
The president also threatened to “substantially increase” tariffs on cars entering the United States on April 2 “if Canada does not also eliminate other heinous and long -term tariffs.”
Last week, Trump issued a series of tariff decisions that affected the three main stock market rates in the United States and relations with Canada and Mexico, long -standing allies of Washington and its closest neighbors, as well as its two largest commercial partners.
Rate pulse
The president first imposed 25 % tariffs on Canadian and Mexican exports to the United States, then exempt tariffs on vehicles made in Mexico and Canada and later, at the end of the week, he delayed the encumbrances to almost all articles for four weeks until April 2.
The Secretary of Commerce, Howard Lutnick, said that 25 % American tariffs on steel and aluminum imports will take effect on Wednesday as programmed.
These tariffs will be applied to millions of tons of imports of steel and aluminum from Canada, Brazil, Mexico, South Korea and other countries that had been entering the United States free of taxes under exemptions.
Trump has promised that tariffs will apply “without exceptions or exemptions”, as long as he hopes to help US industries in difficulties.
Canada and Mexico are the main metal exporters to US markets, and Canada represents most of aluminum imports.
Given this, Doug Ford, Prime Minister of Ontario, the most populous province in Canada, announced that its territory will charge from Monday 25 % more for electricity to 1.5 million Americans.
Shortly after Trump's announcement, Ford said Tuesday in X that he will not turn until the tariffs of the US president to Canadian imports “disappear forever.”
(With Reuters information)