Trump Will ‘probably’ Reduce Tariffs On Canada After Ford Backs Off On Electricity Live Updates On The Quick Moving Trade War Here
President donald trumps threat to double his planned tariffs on steel and aluminum from 25% to 50% for canada has led the provincial government of ontario to suspend its planned surcharges on electricity sold to the united states. Trump said earlier tuesday that he would double his planned tariffs on steel and aluminum from 25% to 50% for canada, escalating a trade war with the united states northern neighbor and showing an indifference to recent stock market turmoil and rising recession risks. Ontario premier doug ford said he would suspend the canadian provinces 25% electricity surcharge on the united states on tuesday afternoon just hours after president donald trump announced. Officials on thursday ended without tariffs being removed, but ontario premier doug ford says the meeting went very, very well and that hes. The frenzied trade war between the united states and the rest of the world took another turn this afternoon when u. s.
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This was despite a pause earlier in the month following.
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