US President Donald Trump dialed back his latest trade-war threat against Canada hours after making it, while downplaying the risk of a tariff-led recession that has sent US markets into a nosedive. Trump on March 11 threatened to double duties on Canadian steel and aluminum to 50% after Ontario announced plans to place a surcharge on electricity sent to the US. Hours later he retreated back to plans for his previously announced 25% rate after the provincial government backed down.Watch for more details.00:00 Introduction1:39 Canadian officials express relief at Trump’s decision to halt 50% tariffs5:28 Outgoing Canadian PM Justin Trudeau slammed US tariffs as unjustified7:25 White House trade advisor welcomes Canada’s decision to suspend electricity surcharge n18oc_world n18oc_crux