The announcement of U.S. tariffs has sparked a crisis in Ontario, with Premier Doug Ford preparing to address the media about its potential impact. The tariffs include a 25% charge on most Canadian goods and a 10% charge on energy exports. In retaliation, Prime Minister Justin Trudeau has also revealed Canada’s plans for counter-tariffs. Ford has suggested aggressive measures, including cutting electricity supplies to New York and halting nickel exports, aiming to protect Ontario's economy effectively against the anticipated fallout from the trade tensions.
Ford suggested cutting off electricity supplies to New York and imposing surcharges on power exports to Michigan and Minnesota as retaliatory measures.
In response to U.S. tariffs, Trudeau announced that Canada would implement retaliatory tariffs on U.S. goods simultaneously, emphasizing a unified response.
Ford indicated he might also halt exports of nickel, a critical mineral for manufacturing, as part of Ontario’s reaction to the tariffs.
During the news conference, Ford expressed the province's determination to protect its industries from devastating impacts due to new tariffs imposed by the U.S.
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