Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade adviser
Last edited Tue Mar 11, 2025, 05:12 PM - Edit history (1)
Source: CNBC
Published Tue, Mar 11 2025 10:09 AM EDT Updated 27 Min Ago
President Donald Trump no longer plans to raise tariffs on Canadian steel and aluminum imports to 50% on Wednesday, top White House trade advisor Peter Navarro told CNBC on Tuesday afternoon.
The reversal came six hours after Trump announced his plan to double import duties on the Canadian metals in response to Ontario’s decision to slap a 25% tax on electricity exports to the U.S.
Ontario Premier Doug Ford said earlier Tuesday afternoon that he was pausing that surcharge following discussions with U.S. Commerce Secretary Howard Lutnick.
Navarro was asked on CNBC’s “Closing Bell: Overtime” if the developments meant that “we’re not going to see 50% tariffs come tomorrow.” Navarro replied, “Correct.”
Read more: https://www.cnbc.com/2025/03/11/trump-raises-canadian-steel-aluminum-tariffs-to-50percent-in-retaliation-for-ontario-energy-duties.html
Article updated.
Original article -
President Donald Trump no longer plans to raise tariffs on Canadian steel and aluminum imports to 50% on Wednesday, top White House trade advisor Peter Navarro told CNBC on Tuesday afternoon.
The reversal came six hours after Trump announced his plan to double the 25% import duties on the Canadian metals in response to Ontario’s decision to slap a 25% tax on electricity exports to the U.S.
This story has been updated with new details. The original story is below.
President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%.
The new policy will go into effect Wednesday morning, Trump said in a Truth Social post that also repeated his calls for Canada to be absorbed into the U.S. as the “Fifty First State.”
= new reply since forum marked as read
The name Jan Brady is not mentioned in the article. A search leads to the Brady Bunch. That has no fucking thing to do with CNBC or anybody quoted in the article and I've never watched the show it's so ancient.
Why bother posting such an opaque slam "All lies" against ... who ? Why do you think the CNBC report is a lie? You were prevented from explaining yourself?
Did you reply to the OP you thought you were replying to or did you actually mean to reply to a different OP?
This person has nothing to do with the article or the event or the report or the facts. Whatever connection is only in your mind:
This is so obvious isn't it?
One day yes, the next day no. Now no again will it be bigger and better tomorrow?
IMPEACH this idiot now!
