Toronto has ceased offering financial incentives for Tesla vehicles used as taxis or ride-sharing services, citing ongoing trade disputes with the United States.
Ontario Premier Doug Ford reversed course Tuesday, suspending a 25% electricity surcharge on U.S. states just one day after its implementation. Ford initially insisted he would be “relentless” in enforcing the tariff but quickly apologized to Americans and withdrew the policy during an appearance on WABC’s Cats & Cosby radio show.
President Trump said he would double the tariffs on steel and aluminum in Canada in response to Ontario's move to impose a 25% surcharge on electricity exports.
Ontario Premier Doug Ford announced a 25% surcharge on electricity exports to the United States, targeting consumers in Michigan, Minnesota, and New York.
Mark Carney, former governor of the Bank of Canada and the Bank of England, has been elected as the new leader of Canada's Liberal Party, succeeding Justin Trudeau as Prime Minister.
President Donald Trump signed an executive order Thursday delaying his planned 25% tariffs on Canadian and Mexican imports until April 2. The decision came after discussions with Mexican President Claudia Sheinbaum and follows ongoing trade disputes with Canada.
