PRESIDENT Donald Trump has threatened Canada with historic financial punishment for threatening to impose 25% tariffs on electricity in three US states.
The brewing trade war between the two neighboring countries exploded on Tuesday after Trump doubled the 25% levy on Canadian steel and aluminum in response to the Ontario government’s threat of an electricity surcharge.
President Donald Trump signing executive orders in the Oval Office on March 6Credit: RexOntario Premier Doug Ford (R) and Minister of Energy and Electrification Stephen Lecce exit a press conference after imposing a 25% tariff on electricity provided to three US statesCredit: Getty Images – GettyHigh-voltage power lines cross the St. Clair River between Canada and the United States in East China Township, MichiganCredit: Getty Images – GettyOntario Premier Doug Ford warned he ‘will not hesitate to increase’ the levies on electricity for AmericansCredit: Reuters