The United States’s trade war with Canada took a series of dizzying turns on Tuesday with threats, posturing, and what appeared to be an eventual lowering of temperatures over electricity surcharges.
The day started with President Donald Trump slapping a 25% levy against steel and aluminum imported from Canada, on top of a previous 25% tariff, in response to Ontario Premier Doug Ford announcing a 25% surcharge on electricity to the U.S.
Trump’s actions led both Ford and incoming Prime Minister Mark Carney to dig their heels in publicly, but by Tuesday afternoon, Ford announced the tariffs were suspended, and Trump praised the Canadian leader as a “strong man” in response.
“He has called and he said he’s not going to do that,” Trump said of Ford, as Elon Musk stood by in a gaggle with reporters. “And it would have been a very bad thing if he did. He’s not going…