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Canada's Steel Industry Faces Major Setback
BY Connect Newsroom, Mar 11, 2025 6:05 PM - REPORT AN ERROR
In addition to this, Trump used social media to demand that Canada immediately remove tariffs on U.S. dairy products.(Photo: The Canadian Press)
Canada's steel industry has suffered a significant blow as US President Donald Trump has announced a doubling of tariffs on Canadian steel and aluminum in response to Ontario's imposition of a surcharge on electricity supplied to U.S. states. Trump stated that a 50 percent tariff would be imposed on these goods starting Wednesday.
In addition to this, Trump used social media to demand that Canada immediately remove tariffs on U.S. dairy products. He also threatened to permanently close Canada's automobile manufacturing industry with tariffs in April. Trump has once again repeated his threat of making Canada the 51st state of the United States.
It is important to note that Ontario recently imposed a 25 percent surcharge on electricity exports to New York, Michigan, and Minnesota. This could potentially increase electricity bills for some Americans by approximately 100 Canadian dollars per month.
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