Ontario’s premier: Canada should be ready to cut electricity, critical minerals as trade woes worsen
Ontario Premier Doug Ford warned on Monday that Canada might be forced to cut electricity and critical minerals supplies to the United States if the deteriorating Canada-U.S. trade dispute escalates further. Ford expressed his disdain for President Donald Trump's trade policies, stating that Ronald Reagan, the former U.S. president, would be "throwing up" if he were to witness Trump's current actions.
Ford emphasized that Canadians are prepared for economic hardship rather than bowing to U.S. pressure in the ongoing trade war. He accused Trump of underestimating Canada's resolve, saying that Canadians are "all in" for a potential economic conflict. Ford also recalled Reagan's staunch opposition to tariffs, likening Trump's actions to Reagan's grave disgust.
This comes after Prime Minister Mark Carney abandoned trade talks with the Trump administration, citing unreasonable demands for tariff relief. In response, the U.S. imposed a 50% tariff on approximately $20 billion worth of Canadian goods, with retaliatory measures set to begin on September 8th. Trump escalated the dispute further on Monday, threatening a 50% tariff on Canadian automobiles, auto parts, and steel starting the following year, accusing Canada of "ridiculously high tariffs" on American farmers that are no longer sustainable.
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