March 14, 2025
44 S Broadway, White Plains, New York, 10601
ECONOMY WHAT'S UP IN WASHINGTON?

Ontario Premier issues urgent plea to deescalate tariff tensions with US – you won’t believe his solution!

Ontario Premier issues urgent plea to deescalate tariff tensions with US – you won’t believe his solution!

Amidst the brewing tensions between the United States and Canada over tariffs on aluminium and steel, Ontario Premier Doug Ford steps in to advocate for a more amicable resolution. Ford emphasizes the detrimental impact of these trade disputes, dubbing the Trump administration’s tariffs as “a tax on the American people.” President Donald Trump stands firm on implementing tariffs on Canada, scheduled to come into effect on April 2, despite Ford’s urging to de-escalate the situation.

In an attempt to ease tensions, Ford halted threats of imposing a 25% tariff on outgoing electricity to the U.S. after a conversation with U.S. Commerce Secretary Howard Lutnick, who extended an olive branch for negotiations. Ford emphasizes the importance of dialogue and cooperation by encouraging both countries to come to the USMCA table to address their concerns and needs constructively.

Ford envisions a prosperous future for both the U.S. and Canada through the creation of an “AM-CAN fortress.” He highlights Canada’s abundance of metals and materials essential for the U.S. economy, especially as China restricts the U.S.’s access to these resources. While Ford previously expressed unwavering support for Trump, his frustration stems from the president’s actions against allies, pivoting him to focus on strengthening the relationship between the two countries.

As the trade battle rages on, questions arise on whether Trump can maintain his position on tariffs. Canada’s retaliatory tariffs target approximately $21 billion in trade with the U.S. Despite the reasoning behind the tariffs to boost domestic production and economic growth, criticisms are directed towards Trump’s handling of international trade relations. Lutnick defends the president’s actions by attributing any potential recession to past policies, distancing it from the current administration’s decisions.

In conclusion, the complexities of international trade require thoughtful consideration and strategic planning to ensure mutual prosperity for both the U.S. and Canada. It is essential to engage in open dialogue, prioritizing collaboration over conflict to build a stronger foundation for economic growth and stability. By fostering a spirit of cooperation and understanding, both countries can navigate these challenges and emerge stronger together.

Leave feedback about this

  • Quality
  • Price
  • Service

PROS

+
Add Field

CONS

+
Add Field
Choose Image
Choose Video