Trump plans to increase steel and aluminum tariffs on Canada in retaliation to electricity tax

Trump plans to increase steel and aluminum tariffs on Canada in retaliation to electricity tax

President Donald Trump has announced plans to double steel and aluminum tariffs on Canada, raising them to 50 per cent. This decision comes in response to Ontario Premier Doug Ford’s imposition of a 25 per cent tariff on electricity imports to the U.S. Initially, Trump had intended to impose a 25 per cent tariff on steel and aluminum products, but has now threatened to double that amount.

Ford has expressed his disappointment with Trump’s actions, stating that the unprovoked attack on Canada’s economy, families, and jobs is unacceptable. He has also hinted at further retaliation if Trump follows through with the increased tariffs. The escalating trade tensions between the two countries have raised concerns about the impact on both economies.

Global’s Megan King has provided the latest updates on this developing situation. It remains to be seen how Canada will respond to Trump’s decision and what the potential repercussions may be for both countries. Stay tuned for more information as the situation continues to unfold.

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Video “Trump says he'll double steel, aluminum tariffs on Canada in response to electricity tax” was uploaded on 03/11/2025 to Youtube Channel Global News