Trump Withdraws Threat Against Canada
The US president had previously announced plans to impose a 50% tax on Canadian steel and aluminum exports. Read Full Article at RT.com.
TroibNews 
US President Donald Trump has reversed his plans to double tariffs on steel and aluminum imports from Canada, as stated by a senior White House adviser during an interview with CNBC on Tuesday.
Earlier in the day, Trump had stated his intention to increase tariffs on Canadian metal exports to 50%, referring to it as retaliation for Ontario Premier Doug Ford’s decision to impose a 25% tariff on electricity exports to Michigan, New York, and Minnesota. Ford’s actions were a reaction to Trump’s initial 25% duty on Canadian steel and aluminum.
Later in the afternoon, Trump suggested the possibility of a reversal, which was later confirmed by White House trade advisor Peter Navarro on CNBC. He mentioned that US Commerce Secretary Howard Lutnick “did a beautiful job” convincing Ford to suspend the electricity tariffs during a phone call, which also led to a commitment to restart trade discussions.
After their call, Ford and Lutnick issued a joint statement describing their conversation as “productive” and underscoring the significance of US-Canada economic relations. They also revealed plans to meet in Washington on Thursday to negotiate a new trade agreement involving the US, Canada, and Mexico ahead of Trump’s April 2 tariff deadline.
Meanwhile, White House spokesman Kush Desai indicated in a statement that the initially announced 25% tariff on steel and aluminum “with no exceptions or exemptions” would be enforced for Canada and all other trading partners on March 12, following Trump’s earlier executive orders.
In February, Trump had proposed imposing 25% tariffs on Canadian goods, which led Ottawa to respond with retaliation through import taxes on specific US products. However, Trump has since postponed the tariff measure twice, with the most recent delay pushing the implementation date to April 2.
Max Fischer for TROIB News
Earlier in the day, Trump had stated his intention to increase tariffs on Canadian metal exports to 50%, referring to it as retaliation for Ontario Premier Doug Ford’s decision to impose a 25% tariff on electricity exports to Michigan, New York, and Minnesota. Ford’s actions were a reaction to Trump’s initial 25% duty on Canadian steel and aluminum.
Later in the afternoon, Trump suggested the possibility of a reversal, which was later confirmed by White House trade advisor Peter Navarro on CNBC. He mentioned that US Commerce Secretary Howard Lutnick “did a beautiful job” convincing Ford to suspend the electricity tariffs during a phone call, which also led to a commitment to restart trade discussions.
After their call, Ford and Lutnick issued a joint statement describing their conversation as “productive” and underscoring the significance of US-Canada economic relations. They also revealed plans to meet in Washington on Thursday to negotiate a new trade agreement involving the US, Canada, and Mexico ahead of Trump’s April 2 tariff deadline.
Meanwhile, White House spokesman Kush Desai indicated in a statement that the initially announced 25% tariff on steel and aluminum “with no exceptions or exemptions” would be enforced for Canada and all other trading partners on March 12, following Trump’s earlier executive orders.
In February, Trump had proposed imposing 25% tariffs on Canadian goods, which led Ottawa to respond with retaliation through import taxes on specific US products. However, Trump has since postponed the tariff measure twice, with the most recent delay pushing the implementation date to April 2.
Max Fischer for TROIB News
