President Donald Trump ‘s threat Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Canada led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States.
As a result, White House trade adviser Peter Navarro said the U.S. president pulled back on his doubling of steel and aluminum tariffs, even as the federal government still plans to place a 25% tariff on all steel and aluminum imports starting Wednesday.
The drama delivered a win for Trump but also amplified concerns about tariffs that have roiled the stock market and stirred recession risks. Tuesday’s escalation and cooling in the ongoing trade war between the United States and Canada only compounded the rising sense of uncertainty of how Trump’s tariff hikes will affect the economies of both countries.
the art of the
dealwaste of timePump and dump extraordinaire. /s
We should really be doing whatever possible to drag this out while we untether our economy from the US and find other trading partners, and then let him do whatever the fuck he wants.
I’m rooting for you. I am working on leaving this shit hole before it’s too late.
Pick a lane you spineless, cowardly, sack of shit.
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This is similar to how NK sends shit balloons south, to probe their defences and public sentiment.
Is this before or after the latest suspension? Or was there another one?
Maybe I should just turn off the damn news for the next … two months? How long until we’re into full masks-off dictatorship?
Yeah. I’m to the point I only read about 1 in every 10 articles about what he’s doing. Otherwise I just spend all day pissed at life.
No need to continue once you’ve taken their for financial advantage. The companies who did businesses with Canada will just stop and go pay the higher American price until they fail. Thanks you orange fucktard!
