** President Donald Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor.
** According to Electrek, Tesla and Honda are set to start buying power from a massive new solar energy farm in Texas that is expected to produce 300 megawatts of power. Honda has claimed 200 of those, while Tesla will take the other 100.
** NextEra Energy Inc., the biggest US utility and No. 1 developer of wind and solar generation, believes power plants fueled by natural gas can meet only a sliver of the unprecedented electricity demand growth forecast through the end of the decade.
** House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will only help the U.S. president win support from his base.
** Transportation Secretary Sean Duffy rescinded memos from the Biden administration prioritizing infrastructure resilience to climate change, according to a Monday press release.
World
** Venezuela will stop receiving deportees from the US in response to President Donald Trump’s decision to revoke Chevron Corp’s license to operate in the South American country.
** A container ship that crashed into an oil tanker on Monday is adrift in the North Sea and is likely to sink in the coming hours, a UK government minister said.
** Japan’s leading automaker Toyota Motor Corporation has suspended operations on three production lines at two vehicle assembly plants in Aichi Prefecture since Monday, according to local reports citing a company official. The stoppages are understood to be due to an explosion and a subsequent fire last week at a plant belonging to Chuo Spring Company Ltd, an affiliated supplier of suspension parts, injuring two employees.
** A Chinese aluminum trader involved in a metal inventory scam that caused more than $1 billion in losses has been sentenced to life in prison by a court in the eastern province of Zhejiang.
