The American president suggested that Canada should become a state to end the trade war
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- President Trump announced his intention to double the Canadian aluminum price.
- He also threatened to “permanently close” Canada’s automotive industry.
- Trump says the only thing that “makes sense” is that Canada becomes a state.
President Trump announced his intention to slap an additional 25% rate on Canada imported aluminum. This would bring the rate to 50% and seriously hug a number of industries, including car manufacturers.
Trump said this decision was in response to Ontario’s announcement of an overload of 25% on all electricity exports to the United States. This was revealed on Monday as part of the province’s reprisal measures at the American prices and will have an impact on 1.5 million houses and businesses in Michigan, Minnesota and New York.
More: after saying that the Big 3 de Detroit was enthusiastic about the prices, Trump speaks to Big 3 and stops prices
The supplement is expected to generate $ 300,000 – $ 400,000 CAD ($ 207,406 – USD 276,588) and the Ontario government said funds would be used to support workers, families and businesses. Ontario Prime Minister Doug Ford also promised that “the government will use all the tools at its disposal to protect Ontario workers and families from President Trump’s prices, including the increase in this supplement at any time or, if the United States degenerate, cutting electrical exports to the United States.”
This could have a devastating impact on the Americans, but Trump promised to declare a “national emergency on electricity in the threatened area”. He said, “This will allow the United States to quickly do what should be done to alleviate this abusive threat from Canada.”
Trump then threatens to “increase considerably” the price on imported vehicles from Canada on April 2. He said it “would definitely close automotive manufacturing activities in Canada.” Of course, Canada’s automotive industry is the American automotive industry, so Trump would harm GM, Ford and Stellantis in the process.
Trump then lost his grip on reality and said, “The only thing that makes sense is that Canada becomes our fifty first darling state. It would make all prices, and everything else would disappear completely. He also said that Canadians would pay taxes below and would be safer because the “artificial separation line” “would finally disappear”.
Update: It seems that things are pending when Ford has published a statement saying: “Secretary Lutnick agreed to officially meet Prime Minister Ford in Washington on Thursday, March 13 alongside the United States’ commercial representative to discuss a renewed USMCA before the deadline for reciprocal tariff on April 2. In response, Ontario agreed to suspend its 25% supplement on electricity exports to Michigan, New York and Minnesota. »»
