Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties

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Source: CNBC

Published Tue, Mar 11 2025 10:09 AM EDT Updated 15 Min Ago


President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%. The new policy will go into effect Wednesday morning, Trump said in a Truth Social post that also repeated his calls for Canada to be absorbed into the U.S. as the “Fifty First State.”

Trump said he was imposing the latest tariffs in response to a decision by Ontario’s government to slap a 25% tax on electricity exports to the U.S. That move by Ontario Premier Doug Ford was itself issued in retaliation to the sweeping 25% tariffs that Trump had placed on imports from Canada.

“Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce 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 on Truth Social on Tuesday morning.

“This will go into effect TOMORROW MORNING, March 12th,” he wrote.

Read more: https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html

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Just breaking.

Article updated.

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Published Tue, Mar 11 2025 10:09 AM EDT Updated Moments Ago


President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%.

The new policy will go into effect Wednesday morning, Trump said.

Trump said he was imposing the latest tariffs in response to a decision by Ontario's government to slap a 25% tax on electricity exports to the U.S. That move by Ontario Premier Doug Ford was itself issued in retaliation to the sweeping 25% tariffs that Trump had placed on imports from Canada.

"Based on Ontario, Canada, placing a 25% Tariff on "Electricity" coming into the United States, I have instructed my Secretary of Commerce 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 on Truth Social on Tuesday morning. "This will go into effect TOMORROW MORNING, March 12th," he wrote.

Published Tue, Mar 11 2025 10:09 AM EDT Updated 2 Min Ago


President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%.

Trump said he was imposing the latest tariffs in response to a decision by Ontario's government to slap a 25% tax on electricity exports to the U.S.

This is breaking news. Please refresh for updates.

Original article -

Published Tue, Mar 11 2025 10:09 AM EDT Updated 1 Min Ago


President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%.

This is breaking news. PleaPresident Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%.

This is breaking news. Please refresh for updates.se refresh for updates.