Wednesday, March 12, 2025

Creating liberating content

Signalling an end to legal disputes between the Lieutenant Governor,

Workers walk in the atrium of the National Stock Exchange

Gautam Gambhir. (ANI Photo) Team India head coach Gautam Gambhir

Related News

Signalling an end to legal disputes between the Lieutenant Governor, who represents the Centre, and the Delhi government, the new BJP-led dispensation in the national capital has begun withdrawing several

Workers walk in the atrium of the National Stock Exchange of India Ltd. (NSE) building in Mumbai, India, on Tuesday, Dec. 20, 2022. Bloomberg | Bloomberg | Getty Images Entrepreneurs

Gautam Gambhir. (ANI Photo) Team India head coach Gautam Gambhir expressed joy after India’s victory in the ICC Champions Trophy 2025, which was hosted across Pakistan and the United Arab

New Delhi: The Indian cricket team made the nation proud by defeating New Zealand in the ICC Champions Trophy final and bringing home the trophy. Now, the players are all

Karnataka CM Siddaramaiah and RTI activist Snehamayi Krishna (File Image) NEW DELHI: RTI activist Snehamayi Krishna, the petitioner in the Mysore Urban Development Authority scam case, on Wednesday has filed

LONDON: The captain of a cargo ship that collided with a US tanker is a Russian national who remains in UK police custody, the vessel’s owner said Wednesday. The 59-year-old

Trending News

Top stocks to buy (AI image) Macquariehas initiated its coverage of Adani Ports & SEZ with an ‘outperform’ rating and a target price of Rs 1,500. According to analysts the

NEW DELHI: With India’s workforce undergoing rapid transformation, organisations are re-imagining employee benefits to meet diverse needs and secure top talent. Companies are increasingly adopting innovative solutions, including flexible health

NEW DELHI: NSE MD & CEO Ashishkumar Chauhan has said with 11 crore registered investors and 21 crore accounts, India is poised to fund entrepreneurial dreams and MSMEs must leverage

NEW DELHI: Zydus Lifesciences on Tuesday said it has entered into negotiations to acquire a majority stake in France-based Amplitude Surgical, a medtech firm, for 256.8 million euro (around Rs

MUMBAI: SBI customers were unable to access Unified Payment Interface (UPI) and mobile banking services for more than four hours on Tuesday due to unspecified technical issues. SBI later said

MUMBAI: India is set for a $50 billion consumption and savings boost as the next decadal wage revision for central govt employees and pensioners, due in Jan 2026, will trigger

Canada backs down from 25% electricity surcharge after Trump’s retaliation

Word Count: 648 | Estimated Reading Time: 4 minutes


Canada backs down from 25% electricity surcharge after Trump's retaliation
Ontario premier said he would take back the electricity tariff on three US states that he announced earlier.

Ontario took a step back after US President Donald Trump escalated the tariff war Tuesday hiking steel and aluminum tariffs by 50 per cent. After stating to US media that he won’t back down, Ontario premier Doug Ford said he agreed to suspend the 25 per cent surcharge on electricity imports into three US states — New York, Michigan and Minnesota — after his conversation with US commerce secretary Howard Lutnick.
In a statement issued with Lutnick and posted on X, Ford said he and Lutnick would now be meeting Thursday alongside the United States Trade Representative to discuss a renewal of the U.S.-Mexico-Canada free trade act ahead of Trump’s self-imposed April 2 “reciprocal tariff deadline.”
“In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota,” Ford said.
Hours earlier, Ford blamed Trump for this unprovoked war and apologized to the Americans as he said he would not back down.

New tariff war between US-Canada

Trump posted on Truth Social earlier Tuesday that steel and aluminum tariffs would go from 25 per cent to 50 per cent starting Wednesday in retaliation to Ontario’s electricity surcharge. Trump questioned why the US states should depend on Canada for electricity and said that he would be declaring a national emergency for the three states Ontario targeted with electricity shutdown.

Flanked by Elon Musk, son X, Donald Trump issues statement after Canada caves

President Donald Trump issued a statement after Doug Ford backed down and withdrew the electricity surcharge. Calling Doug a very strong man, Donald Trump said he was informed that they were not going ahead with the surcharge. “It would’ve been a very bad thing if he did, but he’s not going to do that. So I respect that,” Trump said as Elon Musk and his son X flanked him.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account