To date, Trump’s tariffs have targeted Canadian goods that include steel, aluminum, energy and the auto industry. After threatening a 50% tariff early last week on the country’s steel and aluminum, he reduced it to 25% days later after Canada retaliated, then pushed to April 2 the full 50% tariff.

President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in Canadian steel and aluminum tariffs and new tariffs on Canadian electricity.

After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.