According to The Kobeissi Letter, the US has decided against doubling tariffs on Canadian steel and aluminum to 50% after Ontario suspended its 25% electricity tariff. However, the existing 25% tariff on Canadian steel and aluminum imports will still be implemented starting March 12th, as reported by The Guardian.

According to The Kobeissi Letter, the US has decided not to double tariffs on Canadian steel and aluminum to 50% after Ontario suspended its 25% electricity tariff. However, the existing 25% tariff on Canadian steel and aluminum imports will still be implemented starting March 12th, as reported by The Guardian.

According to The Kobeissi Letter, Ontario has decided to suspend its 25% tariff on electricity exports to Michigan, New York, and Minnesota. This decision follows an agreement for a meeting between Premier Ford and US Commerce Secretary Lutnick on Thursday.

According to The Kobeissi Letter, Ontario has announced the suspension of its 25% tariff on electricity exports to Michigan, New York, and Minnesota. This decision follows an agreement for a meeting between Ontario Premier Ford and US Commerce Secretary Lutnick on Thursday.

According to The Kobeissi Letter, Ontario has implemented a 25% export tax on electricity to the US, as reported by WSJ. This measure affects approximately 1.5 million homes in Minnesota, Michigan, and New York, and is a direct response to President Trump's tariffs. Traders should monitor potential shifts in electricity prices and supply chain adjustments in these states, which could influence related market sectors.