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US President Donald Trump has mentioned he’ll impose an extra 25 per cent tariff on metal and aluminium imports from Canada, escalating his battle with one of many US’s largest buying and selling companions.
“I’ve instructed my Secretary of Commerce so as 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 wrote on his Fact Social platform on Tuesday.
He added that the levy would come into impact on Wednesday.
Trump additionally mentioned that if Canada didn’t drop its “very long time” tariffs, he would “considerably improve” levies on vehicles coming into the US, a transfer he mentioned would “basically, completely shut down” the nation’s carmaking business.
It is a growing story
