Trump reverses new tariffs threat on Canada after Ontario rescinds electricity charges
President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in tariffs on Canadian steel and aluminum and new tariffs on Canadian electricity. In turn, Ontario paused surcharges on electricity to US customers. After the back-and-forth tariff threats that sent markets sharply lower for a second day […]
It’ll be tough for Trump to dig his way out of this one
With his chaotic trade policy, President Donald Trump is digging himself into an economic and political hole so deep, it may prove impossible to climb out. On Wednesday morning, just after markets spent a day reeling from Trump’s on-again-off-again threat to levy extraordinary energy, steel and aluminum tariffs on Canada and to destroy the country’s […]
Trump’s moves to hollow out government could be difficult to undo
Americans have grown accustomed to dramatic shifts in policy each time control of the White House changes between parties. But across a wide range of domestic and foreign policy issues, President Donald Trump is now pursuing structural changes to the federal government that could prove very difficult for the next Democratic president to undo. On […]