UPDATE: LOL 👇
This is getting interesting, folks.
From Trump:
Based on Ontario, Canada, placing a 25% Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce 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. This will go into effect TOMORROW MORNING, March 12th.
For context, the premier of Ontario says he'll cut off the electricity entirely if Trump doesn't capitulate on tariffs.
Trump also demanded that Canada end its longstanding tariffs on American dairy products:
Also, Canada must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products, which has long been considered outrageous.
Back to energy:
I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada. If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada.
Because it is right across the Detroit River, Ontario is a powerhouse for auto manufacturing. Canada is the 13th largest automaker in the world with $32 billion of car exports in 2020.
Consider just the non-Canadian companies:
Would Ford and GM do business in Canada if it's less profitable?
Those cars can easily be made in the USA!
Then Trump pointed out the fact that, well, Canada hasn't been invaded by foreign powers because of American defense spending.
Also, Canada pays very little for National Security, relying on the United States for military protection. We are subsidizing Canada to the tune of more than 200 Billion Dollars a year. WHY??? This cannot continue. The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear. Canadians taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than ever — And Canada will be a big part of that. The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World — And your brilliant anthem, 'O Canada,' will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!
Not sure what our Canadian readers think of this, but Trump isn't holding back! 😂😭
Also, this:
All of this as the stock market continues to fall.
Get your popcorn ready, folks. Things are about to get spicy!
P.S. Now check out our latest video 👇
