A simmering trade conflict between the United States and Canada has recently erupted into a full-blown economic standoff. In response to Ontario’s decision to impose a 25% tariff on electricity sold to the United States, President Donald Trump has declared that his next moves will be both aggressive and far-reaching.
With plans to double tariffs on Canadian steel and aluminum exports from 25% to 50%—and even more severe measures aimed at crippling Canada’s automobile manufacturing industry—the 78-year-old president has taken to his social media network, Truth Social, to outline his retaliatory strategy.