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Reading: Trump raises Canadian metal, aluminum tariffs to 50% in retaliation for Ontario power duties
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StockWaves > Global Markets > Trump raises Canadian metal, aluminum tariffs to 50% in retaliation for Ontario power duties
Global Markets

Trump raises Canadian metal, aluminum tariffs to 50% in retaliation for Ontario power duties

StockWaves By StockWaves Last updated: March 11, 2025 2 Min Read
Trump raises Canadian metal, aluminum tariffs to 50% in retaliation for Ontario power duties
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U.S. President Donald Trump sits within the Oval Workplace of the White Home in Washington, D.C., U.S., March 7, 2025. 

Leah Millis | Reuters

President Donald Trump stated Tuesday he has ordered his administration to boost tariffs on Canadian metal and aluminum imports by a further 25%, bringing the overall duties to 50%.

The brand new coverage will go into impact Wednesday morning, Trump stated.

Trump stated he was imposing the newest tariffs in response to a choice by Ontario’s authorities to slap a 25% tax on electrical energy exports to the U.S.

That transfer by Ontario Premier Doug Ford was itself issued in retaliation to the sweeping 25% tariffs that Trump had positioned on imports from Canada.

“Based mostly on Ontario, Canada, inserting a 25% Tariff on “Electrical energy” coming into america, I’ve instructed my Secretary of Commerce so as 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 Reality Social on Tuesday morning.

“This can go into impact TOMORROW MORNING, March twelfth,” he wrote.

Trump additionally demanded that Canada “instantly drop” an “Anti-American Farmer Tariff” on sure U.S. dairy merchandise, warning that he “will shortly be declaring a Nationwide Emergency on Electrical energy throughout the threatened space.”

“This can enable the usto shortly do what needs to be performed to alleviate this abusive menace from Canada,” he wrote.

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