> Uncertainty over tariffs leads to more Wall Street losses
Uncertainty over tariffs leads to more Wall Street losses
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President Donald Trump 's threat on 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, the 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.
https://www.wthr.com/article/news/nation-world/trump-doubles-planned-tariffs-canadian-steel-aluminum-trade-war-intensifies/507-d97c9491-33fd-4e5b-9895-d42797f56446