Ontario backs off electricity surcharge after Trump says he’ll double tariffs

Editor's note: This story was updated with a statement from a White House spokesman saying the tariffs on Canadian steel and aluminum, scheduled to take effect on Wednesday, will be set at 25 percent. Ontario Premier Doug Ford will suspend a surcharge on electricity exports to the U.S., he said on Tuesday, citing a conversation with Commerce Secretary Howard Lutnick hours after President Trump promised to double tariffs on Canadian steel and aluminum tariffs to 50 percent. The White...