Another day, another threat of continued tariff chaos. This time, President Donald Trump announced an additional 25% to 50% tariff (the final number to be determined later!) on all Canadian aluminum and steel imports. This came after Ontario Premier Doug Ford said he would impose a 25% surcharge on electricity exports to Michigan, Minnesota, and New York. Ford was responding to Trump’s threat earlier this month of a 25% tariff on all Canadian goods even though these were suspended for 30 days.

Will Trump unsuspend his original 25% tariff and impose the new 25%-50% additional tariff? Will Ford follow through on his threat? Nobody knows, and nobody outside the White House seems to be enjoying the uncertainty.