US EditionTrump 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.
257 Articles
257 Articles
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.
Trump Reverses Course On Doubling Tariffs On Canada
United States ruler Donald Trump has backed off his plan to double tariffs on Canada. Trump made the threat as retaliation for Ontario Premier Doug Ford’s decision to impose a 25% tariff on electricity exports to Michigan, New York, and Minnesota. A senior White House adviser said Tuesday in an interview with CNBC that Trump’s initial plan was to double tariffs on steel and aluminum imports from Canada. Canada Vows To “Retaliate” If Trump Impose…
Washington. After a day of cross threats, the U.S. finally backed down on its threat to double tariffs on Canadian metals, confirmed Peter Navarro, trade adviser to President Donald Trump.
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