President Donald Trump He said on Tuesday that he ordered administration to raise tariffs to import steel and aluminum with an additional value of 25%, which gives total duties up to 50%.
The new policy will come into force on Wednesday morning, said Trump in Truth Social Post This also repeated his calls to absorb Canada in the US as “the first fifty states”.
Trump said he imposes the last tariffs in response to the decision of the Ontario government about Hit 25% tax for the export of electricity to the USA
This movement of the Prime Minister Ontario Douga Ford was released in retaliation to a wide 25% tariff, which Trump applied to import from Canada.
“Based on Ontario in Canada, placing a 25% tariff to” electricity “to the United States, I instructed my secretary of trade to add an additional 25% tariff, up to 50%, on all steel and aluminum coming to the United States from Canada, one of the highest tariff nations anywhere in the world Social truth On Tuesday morning.
“This will come into force tomorrow morning, March 12,” he wrote.
. Industrial average Dow Jones He extended his losses after Trump's announcement, falling by over 500 points, while S&P 500 fell by 0.8% and NASDAQ composite fell by 0.4%.
The markets are already spinning from the influence of Trump tariffs and broader fears of recession.
A few minutes after the announcement of Trump Ford said he would keep his remedies in the US on the spot.
“We won't withdraw. We will be tenacious, “said Ford in Msnbc. “I'm sorry the American nation that President Trump decided to have an unpredictable attack on our country, families, work and this is unacceptable.”
Trump applied Tariffs to Canada and Mexico at the beginning of February before he delayed them for a month, and then applied them again – and then partially delayed them.
Ford promised to keep the Ontario tariff, despite Trump's last relief.
“I'm not sure why he still attacks his closest friends and allies,” said Ford. “But we need Americans to speak. We need these general directors to get the spine, stand before him and tell him: “It will be a disaster. It's a massive chaos now. “
US President Donald Trump provides comments at the Oval Bureau of the White House in Washington, Washington, USA, March 7, 2025.
Leah Millis Reuters
Separately in Tuesday's post, Trump demanded that Canada “drop” the “anti -American farmer's tariff” on some American dairy products.
He also warned that “he would soon announce the national energy situation in the field of electricity in the endangered area.”
“This will allow the US to quickly do what to do to alleviate this offensive threat from Canada,” wrote Trump.
The president also stated that if Canada did not raise other “glaring, long tariffs” on the USA, he would “significantly increase” tariffs on car import on April 2.
In this way, “he will constantly close the car production activity in Canada,” wrote Trump.
Trump, who often praises the tariffs for a multi -person economic, raised on April 2 as a date on which he imposes common “mutual tariffs” on other countries that have their own duties on American goods.
Trump's tariffs, absent in Canada and Mexico, lit tension with both US neighbors. But they fueled special anger in Canada, where the movements were created to boycott American products and political leaders he condemned Trump's trade war.
Former Canada Prime Minister Justin Trudeau directly accused Trump of an attempt to weaken his country to facilitate the “attachment”, referring to Trump's multiple calls, so that Canada becomes 51.
In Tuesday's post, Trump combined his tariff plans and its Canadian goal of statehood even more clearly.
“It can't last,” wrote Trump. “The only thing that makes sense is that Canada becomes our valued fifty first states.”
“This will make all the tariffs and everything else disappeared,” he wrote, promising that Canadians taxes would fall.
“The artificial separation line drawn many years ago will finally disappear, and we will have the safest and most beautiful nation anywhere in the world,” he added.
“And your brilliant anthem,” O Canada “, will continue to play, but now he represents a great and powerful state in the largest nation that the world has ever seen!”
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