President Donald Trump, again, reversed course on his vow to impose stiff tariffs on Canada on Tuesday – with one of his top trade advisors sparring with reporters outside the White House over the continuing series of on-again, off-again announcements.
CNN’s Jake Tapper reported on the moves, saying, “Another day of what you might call tariff whiplash. Starting with the president this morning saying he’s going to add a 25% tariff on steel and aluminum coming into the U.S. from Canada, which led to the Ontario premier continuing to threaten to cut off electricity supplies from Canada to Americans getting that electricity in New York, Minnesota, and Michigan.”
“This is a tit for tat that went on all day. It ended with the U.S. and Canada agreeing to meet Thursday to renegotiate the trade agreement. But those U.S. steel and aluminum tariffs on Canada are still set to go into effect at midnight …