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US President Donald Trump has announced massive new tariffs on aluminum and steel from Canada after retaliatory tariffs from them
Trump said it was in retaliation for a 25% surcharge Ontario announced on electricity it sends to northern US states on Monday.Trump said if tariffs, including those on agricultural products were not dropped, he would hike taxes on the car industry, "which will, essentially, permanently shut down the automobile manufacturing business in Canada".
The increase in tariffs, from 25% to 50%, will go into affect on Wednesday. He also said Canada relied on the US for "military protection", and reiterated that he wanted the country to become the 51st US state.
He added that it "would make all tariffs, and everything else, totally disappear" if Canada were to join the US as a state
Trump said it was in retaliation for a 25% surcharge Ontario announced on electricity it sends to northern US states on Monday.Trump said if tariffs, including those on agricultural products were not dropped, he would hike taxes on the car industry, "which will, essentially, permanently shut down the automobile manufacturing business in Canada".
The increase in tariffs, from 25% to 50%, will go into affect on Wednesday. He also said Canada relied on the US for "military protection", and reiterated that he wanted the country to become the 51st US state.
He added that it "would make all tariffs, and everything else, totally disappear" if Canada were to join the US as a state
