Trump retreats on doubling steel, aluminium tariffs after Canada backs down on electricity surcharge

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.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/tSC2dpj

Comments

Popular posts from this blog

US approves $300 mn support for Taiwan's tactical information systems

Trump admin invokes state secrets privilege in deportation case of Kilmar Garcia