Trump Escalates Trade War With Canada, Proposes Annexation
The U.S. president announced steep tariff hikes on Canadian steel and aluminum while suggesting Canada become the 51st state to resolve trade disputes.
- Donald Trump announced a 50% tariff on Canadian steel and aluminum imports, up from 25%, effective March 12, citing Ontario's electricity export surtax to the U.S.
- The U.S. president threatened additional tariffs on Canadian automobiles starting April 2, claiming it could halt Canada's auto industry entirely.
- Trump suggested Canada join the U.S. as its 51st state, arguing it would eliminate tariffs and reduce Canadian taxes while enhancing security.
- Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford firmly rejected Trump's annexation proposal, emphasizing Canada's sovereignty and economic independence.
- Economic experts warn that the escalating trade tensions could harm both economies, with U.S. manufacturing reliant on Canadian steel and aluminum imports.