US President Donald Trump announced sharply higher tariffs on Canadian steel and aluminum Tuesday while threatening to “shut down” its auto industry and saying the best way to end the trade war was for Washington’s ally to be absorbed into the United States. Trump’s shock new threats came hours before a midnight deadline for ramping Read More
Amid a tariff war, President Trump threatened to impose higher tariffs on Canadian steel and aluminum, potentially doubling them to 50%, and threatened to shut down Canada's auto industry if tariffs on US goods were not dropped. Trump suggested Canada should join the US as a 51st state to eliminate tariffs. Canada vowed to respond in kind, and Trump cited Ontario's electricity surcharge as justification for the tariffs.
