This IS an American President making up an excuse to try to beat Canada to HIS WILL…..
“Based on Ontario, Canada, placing a 25% Tariff on ‘Electricity’ coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD. This will go into effect TOMORROW MORNING, March 12th,” the president posted on his social media site, Truth Social.
Despite Trump’s claim, Canada’s average tariff rate of 3.8 percent is little different from the United States’ 3.3 percent mark, according to a World Trade Organization database.
Trump also said without providing details that he would soon declare a “National Emergency on Electricity within the threatened area,” an apparent reference to portions of Minnesota, Michigan and New York, which depend upon Ontario for some electricity supplies. He issued separate demands for Canada to drop its existing tariffs on imports from the United States of agricultural products, and repeated his insistence that Canada “become our cherished Fifty First State.”
In an interview with MSNBC on Tuesday, Ontario’s premier called on Trump to “stop the chaos.” He has previously threatened to cut off Ontario’s electricity supplies to the United States if tariffs are not lifted. “We will not back down,” Ford said. “We will be relentless.”….
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In 2024, Canada — the top supplier of foreign steel to the United States — sent nearly 7 million tons of steel to American customers, according to the American Iron and Steel Institute. Brazil, Mexico, South Korea and Vietnam rounded out the top five import sources…..
Update….
When is this gonna happen Donald?
President Trump seemingly brushed off the recent electricity surcharge placed on the U.S. by Ontario, accusing Canada of being a tariff “abuser” and claiming the U.S. would get the money back when reciprocal tariffs kick in April 2.
“Despite the fact that Canada is charging the USA from 250 percent to 390 percent Tariffs on many of our farm products, Ontario just announced a 25 percent surcharge on ‘electricity,’ of all things, and [you’re] not even allowed to do that,’ Trump wrote late Monday in a post on Truth Social….
UPDATE…..
The back and forth is on HOLD
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