Trump adviser says increased tariffs on Canadian steel, aluminium halted
Al Jazeera
US economic adviser says 50 percent tariffs won’t come into effect, after Ontario suspends electricity surcharge.
A senior economic adviser to United States President Donald Trump says a plan to double tariffs on Canadian steel and aluminium imports to 50 percent has been halted, as the trade war between the two countries continues to sow confusion and uncertainty.
In an interview with CNBC on Tuesday afternoon, Peter Navarro said the increased US tariffs would not come into effect as planned on Wednesday.
The announcement came just hours after the premier of the Canadian province of Ontario, Doug Ford, said he was temporarily suspending a surcharge on electricity exports to some US states.
That surcharge is what Trump earlier said had prompted his decision to impose the 50 percent tariffs on Canadian steel and aluminium – up from the 25 percent levies still set to come into effect on Wednesday.
“Just tamp it down, please, over there,” Navarro said in his CNBC interview, addressing Canada.
Comments come after long meeting between Russian President Vladimir Putin and two senior US officials in Moscow.
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