Reuters. President Donald Trump on Tuesday (March 11) doubled his planned tariff on all steel and aluminum products coming into the United States from Canada, bringing the total to 50%, in response to the province of Ontario placing a 25% tariff on electricity coming into the U.S.
Trump said in a post on Truth Social he has instructed his commerce secretary to add an additional 25% tariff on the products that will go into effect on Wednesday morning.
"Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous. I will shortly be declaring a National Emergency on Electricity within the threatened area," Trump wrote.
The Canadian province of Ontario on Monday imposed a 25% surcharge on electricity exports to New York, Michigan and Minnesota to protest against U.S. tariffs,
Ontario Premier Doug Ford said on Monday said the government had told the province's Independent Electricity System Operator that any generator selling electricity to the U.S. was now required to add a 25% surcharge valued at $10 per megawatt-hour to the cost of power.
At this level, the surcharge will generate revenue of C$300,000 to C$400,000 ($432,346 to $576,462) per day, the statement said.
Trump also threatened to "substantially increase" tariffs on cars coming into the United States on April 2 "if other egregious, long time Tariffs are not likewise dropped by Canada."
