Ontario authorities before this suspended increased electricity export duties in the United States after negotiations with the US Minister of Commodity.
US president Donald Trump does not intend to increase tariffs for importing Canada Steel and Aluminum up to 50% on Wednesday, March 12. This is said by Chief Trading Adviser of White House Peter Navarro in an interview with CNBC.
The decision was made six hours after Trump announced his plan to double the duties in importing Canadian metal in response to Ontario’s decision to occupy the export of electricity to the United States 25%.
The Prime Minister of Canada Province of Ontario Dag Ford said on Tuesday that he suspended the impact of an increase in the rate of export of electricity in the United States after negotiating with US Minister of Commodity, Howard Lutnik (Latnik).
Navarro noted that Lutnik “did a great job”, talking to the anonymity of a 25%tariff for electricity from Ontario.
As you know, on March 4, the new 25%of Trump’s duties in goods from Mexico and Canada have entered strength, as well as doubling roles in Chinese goods up to 20%. However, Trump later signed a command, which until April 2 released many goods from Canada and Mexico from duties.
Later, authorities in Ontario on Monday, March 10, announced an increase of 25% of electricity costs for three American states.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.