Trump explains the trade war: tariffs doubled on Canada!

Trump explains the trade war: tariffs doubled on Canada!

Ontario, Kanada - President Donald Trump continued to escalate the trade war against Canada by doubling the tariffs for all steel and aluminum imports. This drastic measure, which increases from 25 to 50 percent, is said to come into force on Wednesday, as Trump announced about his short message service Truth Social. An official instruction was granted to Commercial Minister Howard Lutnick. The President justifies this step with the planned 25 percent electricity premium of the Canadian province of Ontario to exports to the USA, a measure that Trump describes as inadmissible. , as reported.

But Trump is not yet satisfied: He asks Canada to immediately dismantle the high tariffs on US milk products that are between 250 and 390 percent. The trade conflict continues to come to a head, since it also threatens to automobile with higher import duties, which could already apply on April 2 if Ottawa does not abolish its "outrageous" taxes. The Canadian province of Ontario had originally introduced the electricity premium in response to the US tariffs that Trump had raised on Canadian goods. reported the crown.

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