Trump announces double rates on steel and Canadian aluminum

by Andrea
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Decision is a response to the new rate imposed by the province of Ontario on the electricity exported to US states; “It will come into force tomorrow morning, March 12,” said the Republican

Aaron Schwartz/EFE/EPA
Trump also signaled that he could raise other fares from April 2

The president of the United States, announced on Tuesday (11) that will increase tariffs on steel and aluminum from, raising them to 50%. This decision is a response to the new rate imposed by the province of Ontario on electricity exported to three US states. “This will come into force tomorrow morning, March 12,” said the Republican through social networks. The province of C $ 10 by Megawatt-hour in the electricity that is exported, a measure that emerged after the United States have established tariffs on Canadian products.

This action caused Trump’s reaction, which sees the new rate as an affront to trade relations between the two countries. In addition to the increase in steel and aluminum tariffs, Trump has also signaled that he could raise other tariffs from April 2. This possibility is subject to the removal of Canadian tariffs on dairy and other US products.

*Report produced with the aid of AI
Published by Matheus Oliveira

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