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Trump Administration Nixes 50% Tariff Plan on Canadian Steel and Aluminum

President Donald Trump canceled plans to increase tariffs on Canadian steel and aluminum imports to 50%, according to White House trade advisor Peter Navarro.
The federal government still plans to place a 25% tariff on all steel and aluminum imports starting Wednesday, as stated by Navarro.
The trade war escalated as Prime Minister Justin Trudeau prepared to hand over power to Mark Carney, who won the leadership race.
Carney vowed to maintain retaliatory measures until the Americans show us respect.

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New York Post

Trump trade adviser bristles at questions about unpredictable tariff policy: ‘Stop that crap’

White House trade advisor Peter Navarro scolded a reporter for questioning President Trump's shifting approach to tactics in the wake of partial rollbacks on the duties imposed against Canada and Mexico.

5 hours ago·New York, United States

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Fox News

White House advisor loses patience with reporter over questions about Trump's tariff strategy

White House senior counselor Peter Navarro answered questions about President Donald Trump pulling back a 50% tariff on Canadian products on Tuesday.

9 hours ago·New York, United States

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Toronto Sun

+3 Reposted by 3 other sources

White House says Trump dropping plan to double steel, aluminum tariffs

U.S. President Donald Trump dropped his threat to double tariffs on Canadian steel and aluminum imports.

11 hours ago·Toronto, Canada

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Fortune

Bank of America says building material manufacturers' first instinct to Trump’s tariffs has been to hike prices

Price increases may be preemptive, but “could give companies flexibility in a dynamic trade policy environment,” Bank of America analysts wrote.

14 hours ago·New York, United States

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Star Tribune

Ramstad: Trump is making a bad mistake while St. Paul tries to fix one

Trump is unrelenting on tariffs. Fortunately, St. Paul is starting to relent on rent restrictions.

15 hours ago·Minneapolis, United States

Trump canceled the introduction of additional duties of up to 50% on steel and aluminum from Canada

US President Donald Trump has canceled the imposition of duties of up to 50% on imports of Canadian steel and aluminum, CNBC reported referring to Peter Navarro, the White House's chief trade adviser.

18 hours ago·Riga, Latvia

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