US President Donald Trump has announced he will impose 50-percent tariffs on Canadian steel and aluminium imports, escalating a trade war with the United States’s northern neighbour, APA reports citing Aljazeera.
In a social media post on Tuesday morning, Trump said the increased tariffs come in response to a decision the province of Ontario to put a 25-percent surcharge on electricity exports to some US states.
He said the increased tariffs on steel and aluminium would come into effect on Wednesday.
Proposal for Canada to join the United States
“The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear,” Trump wrote on Truth Social.
US-Canada relations have plummeted amid Trump’s push to impose steep tariffs on a range of Canadian goods and his repeated threats to annex the country.
The US president has said the tariffs are part of an effort to balance the countries’ trade relationship. But the Canadian government has rejected the measures as “unjustified” and unveiled retaliatory levies.