Trump halts doubling tariffs after Ontario premier backs down on US electricity surcharge
In the latest twist in an escalating trade war between the US and Canada, Donald Trump announced doubling tariffs on Canadian steel and aluminium to 50 percent only to halt them hours later, after Ontario’s premier Doug Ford suspended a planned 25 percent surcharge on electricity exports to the United States. This led to another chaotic trading day on Wall Street. Plus, embattled Japanese carmaker Nissan has announced a management reshuffle: Ivan Espinosa is to replace Makoto Uchida as CEO next month.
#Trump #Canada #Tariffs
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32 comments
Come on Canada MAN UP 😂😂😂😂
Canada still has tarrifs on 30 billion on US goods until a final deal is reached. Ya kinda missed that
🇺🇸 lost compass 🧭 😅
Weak army and weak leaders…..Oh Canada
guys, Trump backed down, not canada…… get it right for Once
Why not America annex colonize France,?? 😂😂😂
Canada bent the Knee to Trump 🤣 – I'M TIRED OF MAGA WINNING EVERYDAY
" Any person , who saves this country from Trump and his cronies , violates no law. "
People don’t understand that a trade war between the US and Canada would hurt the US, but DEVASTATE Canada as they’re only 7% the size of the US’s economy and actually have a trade surplus with the US. They couldn’t find customers in time to replace the 330 million consumers with one of the highest GDP’s per capita in the world. You don’t think Canadian leaders know that?
trump drestoyed its own economy 🙃🙃
Ontario has not "backed down" on the electricity surcharges. They are on hold after U.S. Commerce Secretary Howard Lutnick reached out to Doug Ford, Ontario Premier, and asked him to fly down to Washington to "talk". If the US tariff on aluminium and steel are not removed, Ontario will un-pause the electricity surcharges, and is still considering stopping electricity exports altogether.
TRUMP backed down
I wouldn't call a temporary pause, a "U-turn". I'd call it a temporary pause.
Who blinked first?
0:36 – The studio beast is hungry
They should have added 50% tax on electricity 😂
Won't someone stand up to the orange bully? Yer all wusses.
Chaos. Stand up and the bully Canada 🇨🇦- the Viets stand with you ❤
This station needs to stop getting its "facts" from Donald Trump. That's how you end up with errors in your broadcast.
Ontario caved to Donald Trump. They know they can't win the trade war. I see France 24 continues its Trump bashing. European media has lost all credibility.
Canada acts like the victim when they put tariffs on American goods first
Canada blinked first😅
Everyone loves Trump ❤️
Doug Ford, the premier of Ontario sold Canada out. Believe me, Canadians are pissed!
Alberta will be 51th state!
Ford stood strong. He makes Ontario proud. Howard called Ford requesting a meeting- “ cooler heads prevail “.
Me debunk an American myth?
And take my life in my hands?
Where the Great Plains begin at the hundredth meridian
A generation so much dumber than it's parents
Came crashing through the window
If I die of Vanity, promise me, promise me
That if they bury me some place I don't want to be
That you'll dig me up and transport me
Unceremoniously away from the swollen city breeze, garbage bag trees
Whispers of disease, and acts of enormity.
Get trumped 😊
Canada/EU/UK we must strengthen our ties to face the Russia/USA/North Korea coalition.
Remember. Ford is a progressive/left. Of cos he gonna roll over like these. These people are weak
promises made
promises kept
negotiations are transparent
WHO BACKS DOWN ? TRUMP. TRUMP BACKS DOWN TO THE THREAT FROM ONTARIO !
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