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.
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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.
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