Trump Doubles Tariffs On Canadian Steel, Aluminum To 50% From Wednesday

President Donald Trump said he was increasing the steel and aluminum tariff on Canadian goods to 50% to retaliate against Ontario’s move to place a levy on electricity imported from the US.

"This will go into effect TOMORROW MORNING, March 12th," Trump said in a social media post. The move doubles a planned 25% metals tariff set to take effect just after midnight.

Trump said he would also “substantially increase” other tariffs on Canada on April 2 if the country does not drop tariffs on dairy products and other US goods.