Trump will not enter 50% duties on steel and aluminum from Canada – media

Photo with Facebook Donald J. Trump

US President Donald Trump does not plan to raise tariffs for imports of Canadian steel and aluminum to 50% on Wednesday.

Source: Main White House Commercial Advisor Peter Navarro in an interview with CNBC

Details: The decision was made six hours after Trump announced his plan to double import duties on Canadian metals in response to the Ontario decision to put an export of electricity to the US.

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The Canadian Province Prime Minister of Ontario Dag Find said earlier on Tuesday that he was suspended by a high duty after negotiations with US Trade Minister Howard Lutnik.

Navarro was asked if this development means that “we will not see 50% of tariffs tomorrow (on Wednesday, March 12 – ed.)”. Navarro replied: “Correct.”

According to him, Lutnik “did a great job, conducting negotiations about it” (regarding not the introduction of a 25%tariff for electricity from Ontario-Ed.).

That preceded: On March 11, Trump announced a raising duties on part of Canadian goods to 50% in response to the Canadian province of Ontario 25% of the US electricity tax for the United States.

Recall:

• Since March 4, Trump has introduced 25% of tariffs for most of the Canadian and Mexican imports.
• In response, the former Canadian Prime Minister Justin Trudeau announced the introduction of 25% of US $ 155 billion tariffs, and the Canadian province of Ontario has declared their repayment for tariffs for America to “feel pain”.
• In the end, Trump suspended 25% of tariffs imposed on large groups of goods from Canada and Mexico until April 2.
• On March 7, the Prime Minister of the Canadian province of Ontario Dag Find announced an increase in electricity price for three neighboring US states in response to the economic pressure of the Trump administration.