Trump wants to permanently block the car manufacturing sector in Canada

The American president has threatens to raise tariffs on Canadian steel and aluminum to 50%

"In light of Ontario imposing a 25% tariff on electricity entering the United States, I have asked my secretary of commerce (Howard Lutnick) to add an additional 25% tariff, up to 50%, on all steel and aluminum entering the United States from Canada," declared Mr. Trump on his Truth Social profile, his own social media network.

The American president also announced that he would soon declare a national emergency on electricity in the area threatened by the recent measure from the Ontario government, allowing the United States to "quickly do what needs to be done to mitigate this abusive threat from Canada".

In this light, Mr. Trump threatened to impose an additional range of tariffs on Canada if it doesn't remove its "exorbitant tariffs", and directly pointed at a "substantial increase", starting from April 2nd, in the tax on cars entering the country. This measure aims to "permanently shut down the car manufacturing sector in Canada".

(D. Rodriguez/Source: Truth Social/Photo: Unsplash)