Donald Trump: New 50% Tariffs on Steel and Aluminum from Canada
March 11, 2025
Donald Trump announced a 50% tariff on steel and aluminum imports from Canada in response to tariffs placed on U.S. electricity from Ontario. He warned of new tariffs on Canadian cars if Canada does not lift tariffs on U.S. dairy products. These new tariffs may escalate trade tensions and impact the economies of both countries. Trump also suggested that Canada should become the 51st state of the U.S. to eliminate all tariffs.