Donald Trump announced the imposition of additional duties on Canadian steel and aluminum, while threatening further financial countermeasures following Ontario’s decision to impose a 25% tax on electricity to three US states. In an extensive post on Truth Social, the US president warned that if Canada does not withdraw specific duties imposed on US products, it would proceed with drastic retaliation, including imposing duties on cars. “Based on Ontario’s decision, Canada, to impose a 25% duty on ‘electricity’ entering the United States, I have instructed the Minister of Commerce to add a 25% duty, reaching 50%, all over Halva and aluminum, which enters the US,” How the measure comes into force tomorrow, March 12th. At the same time, he invited Canada to immediately lift duties […]
Source: News Beast
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