Trump halts 50% tariff threat on Canadian steel, aluminum

President Trump is halting plans to double the tariffs on Canadian steel and aluminum. In the latest roller coaster ride of Trump administration tariffs, the president pulled back his decision to raise tariffs on steel and aluminum imports from Canada after Ontario suspended its planned surcharges on electricity sold to the United States. The White House was going to double the tariffs to 50 percent. Instead, a 25 percent tariff on all steel and aluminum imports starts Wednesday.