Donald Trump warns he will 'shut down' one major business in Canada if they don't make extreme change to tariffs
The trade war between the US and Canada has no signs of slowing down as Trump reveals what his next move will be.
Donald Trump’s new tariffs are a response to price rises the provincial government of Ontario put on electricity sold to the United States.
Trump had previously warned the nation that the US would retaliate.
Taking to his own social media network, Truth Social, Trump explained how he would be hitting back at Canada.
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He wrote: “Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.”
Trump also demanded Canada make some changes otherwise he would continue to put pressure on the nation.
He continued: “This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous.
“I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada.”
Trump also made it clear that these new measures are just the beginning and warned that further tariff increases could follow in April.
He also revealed he was prepared to ‘permanently shut down the automobile manufacturing business in Canada’.
His post went on to say: “If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada.
“Those cars can easily be made in the USA! Also, Canada pays very little for National Security, relying on the United States for military protection.”
He again called on Canada to become America’s 51st state to avoid further trade war issues, something that has proven unpopular in the nation.
Trump closed his rant by saying: “The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear.
“Canadians’ taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than eve.”
Topics: Donald Trump, Canada, US News, News
Gerrard Kaonga