Trump Rethinks Tariff Hike: No Doubling of Duties on Canadian Steel

AGI

In a surprise move, Donald Trump has decided not to double tariffs on Canadian steel and aluminum, following talks with Ottawa officials in Washington. This development comes as a relief to the Canadian economy, which had been bracing for the impact of increased duties. The decision is seen as a positive step towards resolving trade tensions between the two nations, with experts citing 'international trade agreements' and 'tariff negotiations' as key factors. The move is expected to boost 'global trade relations' and have a positive impact on the 'steel industry'.