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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.
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News video: EU strikes back against US steel and aluminium tariffs with retaliatory package

EU strikes back against US steel and aluminium tariffs with retaliatory package 01:25

 EU strikes back against US steel and aluminium tariffs with retaliatory package European Commission president Ursula von der Leyen announced a response to new US tariffs on steel and aluminium imports, unveiling a package of countermeasures aimed at US exports. READ MORE :...

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