Trump raised up to 50% duty on part of the goods from Canada through energy tax

Illustrative Photo: Getty Images

On March 11, US President Donald Trump announced a rise in duties on part of Canadian goods to 50% in response to the Canadian province of Ontario 25% of the US electricity tax for the United States.

Source: “European Truth” with reference to TruthSocial

Details: Trump said he had instructed his trade minister to add an additional 25%tariffs for all steel and aluminum coming to the United States from Canada after the Ontario Province has set a 25%electricity tariff that came to the United States.

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According to him, this tariff will come into force on March 12.

“I will soon declare a state of emergency in the threat of a zone. This will allow the United States to quickly do everything you need to reduce this undue threat from Canada,” the US president said.

He also said that “if other flashy tariffs that have long existed, can not be canceled” – it will significantly increase tariffs on a car imported to the United States on April 2, “which will, in fact, stop the automotive industry in Canada forever.”

According to Trump, Canada pays “very little for national security, relying on the United States in military protection.”

“We are subsidizing Canada for more than $ 200 billion a year. Why? So much it can’t last. The only thing that makes sense is to make Canada our dreamy fifty fifty staff,” he is sure.

Therefore, in his opinion, under such conditions, “all tariffs, like everything else, will completely disappear.”

“Canadian taxes will be very significantly reduced, they will be more protected in military and other relations than ever, no longer the problem of the northern border, and the largest and most powerful nation in the world will become greater, better and stronger than ever-and Canada will be a biggest part of this.

Recall:

• Since March 4, Trump has introduced 25% of tariffs for most of the Canadian and Mexican imports.
• In response, the former Canadian Prime Minister Justin Trudeau announced the introduction of 25% of US $ 155 billion tariffs, and the Canadian province of Ontario has declared their repayment for tariffs for America to “feel pain”.
• In the end, Trump suspended 25% of tariffs imposed on large groups of goods from Canada and Mexico until April 2.
• On March 7, the Prime Minister of the Canadian province of Ontario Dag Find announced an increase in electricity price for three neighboring US states in response to the economic pressure of the Trump administration.