India  
 
NewsR.in

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

IndiaTimes 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.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

US Economy Shrinks for First Time in 3 Years; Trump’s Shock Policies Under Fire Amid Recession Fear [Video]

US Economy Shrinks for First Time in 3 Years; Trump’s Shock Policies Under Fire Amid Recession Fear

US economy has contracted for the first time in three years, raising alarms over a potential recession. This downturn is being linked to the abrupt economic policies enacted during Trump's tenure,..

Credit: Oneindia     Duration: 03:27Published
Trump’s 5 BIGGEST Mistakes in First 100 Days Back in Power | From Tariffs to Ukraine Conflict |WATCH [Video]

Trump’s 5 BIGGEST Mistakes in First 100 Days Back in Power | From Tariffs to Ukraine Conflict |WATCH

President Trump’s first 100 days in his second term have been turbulent, with major self-inflicted setbacks. From economically devastating tariffs to empowering Elon Musk and mishandling immigration..

Credit: Oneindia     Duration: 03:53Published
Trump Helps Liberals WIN Canada, Carney Triumphs Using Trump's "51st State" And Tariff Disruption [Video]

Trump Helps Liberals WIN Canada, Carney Triumphs Using Trump's "51st State" And Tariff Disruption

Trump’s 25% tariffs on Canadian exports—and his shocking “51st state” remark—sparked outrage across Canada, transforming the 2025 federal election overnight. Interim PM Mark Carney..

Credit: Oneindia     Duration: 03:44Published

Related news from verified sources

Trump Doubles Tariffs On Canadian Steel, Aluminium After Ontario’s Electricity Surcharge

 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

'I apologize to the American people': Ontario premier says as Donald Trump escalates tariff war

 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