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Trump halts doubling of tariffs on Canadian metals

Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes

President Donald Trump’s threat to double his planned tariffs on steel and aluminum from 25% to 50% for Canada has led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States.

The New York Times · 3d

Doubled Tariff on Canadian Metals Abruptly Called Off

President Trump escalated his fight with Canada on Tuesday, threatening to double tariffs on steel and aluminum imports and pressing to turn one of America’s closest traditional allies into the 51st state. After several tense hours, both sides backed down, at least for now.

U.S. News & World Report · 2d

Canada Will Announce More Than $20 Billion in Tariffs in Response to Trump's Metal Tariffs

Canada will announce Canadian $29.8 billion or $20.7 billion in retaliatory tariffs in response to the 25% steel and aluminum tariffs that U.S. President Donald Trump has leveled

Mark Carney, Canadian Prime Minister and Trump

ITV · 4h

Who is the new Canadian Prime Minister Mark Carney?

Carney was the governor of the Bank of England from 2013 to 2020, and was the first non-Brit to hold the position since the Bank was founded in 1694. | ITV National News

U.S. News & World Report · 3h

Mark Carney to Be Sworn in as Canadian Prime Minister, Now Must Face Trump

Carney is due to name a cabinet that will likely not be in office for long, since Liberal insiders say he will call a snap election in the coming days. If he changes his mind, opp

CNN on MSN · 1d

Carney: Canada ‘ready to sit down’ with Trump ‘under a position where there’s respect’

As Trump imposes sweeping 25% tariffs on steel and aluminum, Mark Carney, leader of Canada’s ruling Liberal Party, told workers at a steel mill in Hamilton, Ontario that the country’s leadership was ready to sit down with the US “under a position where there’s respect for Canadian sovereignty.

Trumped By Tariffs: How Retaliatory Measures Harm Canada’s Economy

Although a unified Canadian message against Trump's tariffs is emotionally appealing, retaliatory tariffs as a permanent policy tool are economically irrational and damaging.

This Canadian official warns Trump tariffs will ‘devastate’ US economy — threatens to hit back ‘twice as hard’

While Trump has called tariff “the most beautiful word in the dictionary,” Ford warns that the economic consequences will be ...

3hon MSN

‘It’s just going to get worse’: Maine-Canada border town businesses already hurting thanks to tariffs on $6 billion trade relationship — as governor warns it will ...

Like canaries in a coal mine, small businesses are feeling the hit as prices for lumber, auto parts, flowers and more surge.

Trudeau says Trump wants to destroy Canadian economy so it’s easier to make the country a state

Canadian Prime Minister Justin Trudeau speculated that President Donald Trump imposed tariffs on Canada to hurt its economy ...

GM Authority2d

Trump To Raise Canadian Steel And Aluminum Import Tariff To 50 Percent

President Donald Trump announced his intention to raise tariffs on Canadian steel and aluminum by an additional 25 percent, ...

Trudeau Dismisses 'Very Dumb' Tariffs, Says Trump Wants to Ruin Canadian Economy

Trump has accused Canada of failing to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals ...

Morningstar2d

Two-Speed Economy Emerges as 42% of Canadian Businesses Take a 'Wait-and-See' to Tariffs, Float Report Finds

Canadian businesses are navigating a “two-speed economy” as financial pressures mount, according to Float’s Canadian SMB Financial Outlook 2025 report. The study, which surveyed more than ...