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US lifts threat to place 50 percent tariffs on Canadian steel, aluminum

By Bradley Dress ( March 11, 2025, 22:47 GMT | Insight) -- The US today backed down from threats to impose a harsh 50 percent steel and aluminum tariff on Canada after Ottawa rescinded a 25 percent surcharge on electricity imports to three US states.The US today backed down from threats to impose a harsh 50 percent steel and aluminum tariff on Canada after Ottawa rescinded a 25 percent surcharge on electricity imports to three US states....

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