March 12, 2025

Trump Pulls Back On 50% Tariffs Threat To Canada After Ontario Suspends Electricity Price Hikes

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Trump Pulls Back On 50% Tariffs Threat To Canada After Ontario Suspends Electricity Price Hikes Curated By : News18.com Last Updated: March 12, 2025, 07:36 IST President Trump backed down from escalating tariffs on Canadian steel and aluminum, leading Ontario to pause electricity surcharges to the US. Officials will renegotiate the USMCA treaty on Thursday. US President Donald Trump (Picture credit: AP) US President Donald Trump backed down from his threats to impose a 50% tariff on Canadian steel, aluminum, and electricity after Ontario announced it would suspend surcharges on electricity exports to the US. After a day of intense…

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Trump Pulls Back On 50% Tariffs Threat To Canada After Ontario Suspends Electricity Price Hikes

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