Set to sting: Trump doubles Canada's planned tariffs to 50 percent

May Be Interested In:Notable Tesla investor says he hopes Musk’s government role is ‘short-lived’




President Donald Trump doubled his planned tariffs on all imports of steel and aluminum goods from Canada to 50% on Tuesday, in a retaliatory move set to sting the Canadian economy after the province of Ontario’s decision to place a 25% tariff on its electricity exports to the US.

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