25% metal, aluminum tariffs formally take impact

President Trump stated in a social media put up he might be rising tariffs on Canadian metal and aluminum to 50%, beginning tomorrow, in response to Ontario’s 25% surcharge on electrical energy coming into the USA.

“Primarily based on Ontario, Canada, inserting a 25% Tariff on ‘Electrical energy’ coming into the USA, I’ve instructed my Secretary of Commerce so as 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,” Trump wrote. “It will go into impact TOMORROW MORNING, March twelfth.”

Trump additionally stated he would declare a nationwide emergency on electrical energy inside the space affected by Canadian electrical energy shipments and threatened to boost tariffs on Canadian automotive imports in an effort to “completely shut down the car manufacturing enterprise in Canada.”

Moreover, the president insisted Canada scale back its tariffs on US dairy merchandise following his risk final week of recent reciprocal tariffs on Canadian lumber and dairy merchandise.