Trump retreats on doubling steel, aluminium tariffs after Canada backs down on electricity surcharge
Wednesday, 12 March 2025 () US President Donald Trump has decided not to double tariffs on Canadian steel and aluminum following Ontario Premier Doug Ford's agreement to drop surcharges on electricity exports. However, the US government will still proceed with a 25% tariff on these imports, escalating economic tensions between the two countries.
Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa. The decision comes just days after Canadian Prime Minister Mark Carney warned of potential economic fallout from U.S. trade policies. Trump justified the move by citing...
Trump has doubled down on his support for tariffs, calling them the "greatest thing" America has ever done. Speaking aboard Air Force One, Trump claimed that tariffs will "make the U.S. rich again"..
Canada's next Prime Minister, Mark Carney, has hit back at Donald Trump's controversial remarks about making Canada the 51st U.S. state. Carney declared that Ottawa will never bow to American pressure,..
In a tearful farewell speech, Justin Trudeau warned that Canada faces an "existential challenge" from the United States under Donald Trump. As Mark Carney takes over as the new leader of the Liberal..
Trump called on Canada to ‘immediately drop’ what he described as an ‘anti-American farmer tariff’ ranging from ‘250% to 390%’ on various US dairy... Zee News
Canada supplies half of US aluminium imports and 20 per cent of US steel imports. Trump announced that he would increase tariffs on Canadian steel and aluminium... IndiaTimes
Wednesday, 12 March 2025 ()
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