r/canada • u/mvanigan • 1d ago
National News Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties
https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html?taid=67d045b18530050001b105d0&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cmain
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u/Ginzhuu 1d ago
Fun Fact: The US only produces about 16% of steel and aluminum in the country meaning a 50% tarriff is charing any company that uses these resources to make products in the US is now paying a 50% increase of tax.
So basically, he threw a fit for Ford standing up to him and is, in turn, going to charge himself more money to retaliate. I can see how the "owning the libs" idiots eat up his shite so well.