President Trump escalates tensions with Canada, threatening a 25% tariff on Canadian electricity in retaliation for Ontario’s export surcharge. Stocks tumble as the implications for the US economy loom large amid rising trade tensions.
President Trump’s latest tariff threats against Canadian steel and aluminum have sparked market turmoil and raised recession fears. After a day of conflicting statements, what does this mean for U.S.-Canada trade?
In response to the escalating trade war instigated by President Trump, Ontario's Premier Doug Ford has announced a dramatic 25% hike in electricity prices for 1.5 million Americans, with potential shutdowns looming. This provocative move aims to generate crucial revenue while expressing frustration over U.S. tariffs.
Despite President Trump's temporary delay on tariffs, Canada is not backing down. With retaliatory tariffs in place and a looming trade war, tensions between the two nations intensify as both sides prepare for a turbulent economic future.
Saudi Arabia pledges $500 million to help vaccinate 370 million children annually and eradicate polio globally. Ontario sees a rise in carbapenemase-producing organisms, while a study in Ohio shows an increase in macrolide-resistant Mycoplasma pneumoniae infections.
