Ontario says Canada should be ready to cut electricity, critical minerals to US
Canada is preparing retaliatory tariffs against the United States following threats from President Trump to impose 50% tariffs on Canadian goods. Tensions have escalated as Canadian officials accuse the U.S. of attempting to undermine their domestic industries.
Why it matters
This represents a significant escalation in North American trade relations that could disrupt supply chains and impact the economies of both nations.
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TORONTO (AP) — Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs and Prime Minister Mark Carney accusing Washington of trying to subordinate Canada.
Trump also threatened new 50% tariffs on Canadian vehicles, auto parts and steel, while Carney said U.S. trade demands showed Washington wanted to “destroy our major industries,” including autos, steel and aluminum.
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