Trump reverses course on some tariffs but won’t change duties on Canada

News Snapshot:

WASHINGTON — U.S. President Donald Trump partially reversed course Wednesday on his global trade war following days of market turmoil — but he's not offering any changes to the tariffs hitting Canada. Trump immediately paused for 90 days the levies on nations slapped with the highest duties under his "reciprocal" tariff regime. A White House official later clarified that a 10 per cent baseline tariff will remain in place for all countries. The president has held fast to his plan to rapidly realign global trade through a benchmark "reciprocal" tariff since his return to the White House in January —...