Donald Trump increases the US-Canada Trade War with an additional 25% tariff in steel and aluminum


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US President Donald Trump said that the United States will increase the fight with one of the largest trading partners to apply an additional 25 percent tariff to the import of Canada and aluminum.

“The additional 25% of the trading secretary is an additional 25%, 50%, 50%, all steel and aluminum are one of the highest tariffs all over the world” Trump wrote according to the truth Platform on Tuesday.

He added that Levy will take effect on Wednesday.

Trump, if Canada does not throw the “long time” tariffs, “Significantly increases” in cars, he said the country’s karman industry is “essentially”.

The US President added that the only thing that makes sense is that we have a dear first state in Canada. This is absolutely eliminated. “Canada has been completely eliminated.

Futures' line diagram shows that the US Midwest Premium ($ / Pound) flies in US aluminum prices for April settlement

Canada gave the US, Mexican and Canadian USMCA trade agreements signed by Trump’s traded goods for the United States.

On Monday, 1.5 mn of Americans in the Ontario region of Canada, New York, Michigan and Minnesota, increased the price of electricity to the United States by increasing the prices of Americans 1.5 mn.

Ontario Premier Doug Ford said, “On Tuesday,” Ontario and Canada will not return until the president’s tariffs are good, “he said.

The US shares hit the lower level of trading session after Trump’s tariff announcement with the extensive S & P 500 index. In recent weeks, the capital fell sharply – for inspections, including a heavy retreat on Monday, will increase to increase us.

However, shares in US steel producers, 2.9 percent of US steel, 2.5 percent and steel dynamics increased by 1.9 percent.

Aluminum prices of the United States and London, a size called Midwest Premium is closely monitored, stressed that American industrial groups are faced with rising costs. According to the fact that the fact stations, transport and other expenses, including the US Midwest, according to the fact, the fact that the prize of the metal, including transport and other expenses, follows the award-following prices.

The importance of all trading partners from the United States and Wednesday, the import of all trade partners in the United States to protect the domestic industry of the United States is to introduce 25 percent of all trade partners.

Trump, for some countries, offered for some countries, in the office of steel import and 10 percent in aluminum.

When Trump came into the White House, former President Joe Biden inherited Trump’s tariffs, UK, Britain and Japan allowed the United States to export a certain quota to the United States.

Trump officials will be valid for these agreements or exceptions for countries or products will not be given exceptions.



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