What We're Watching
Canada and US to discuss renewed USMCA following tariff de-escalation
In a major development on Tuesday, Ontario, Canada, suspended its 25% surcharge on exports of electricity to Michigan, New York, and Minnesota. The announcement followed US President Donald Trump’s threat Tuesday morning that tariffs on Canadian steel and aluminum imports would increase from 25% to 50% starting March 12. Ford’s change or heart prompted Trump to reverse course as well.
Mar 11, 2025





