UPDATE: Trump Accepts Hamas' Claims of Cooperation on Gaza Peace Plan
VA Dem Attorney General Candidate Wished Death on GOP Lawmakers
Hamas Just Made a Major Announcement on the Gaza War, But Will They...
Justice Kavanaugh's Would-Be Assassin Gets Light Sentence Because of His Trans Identity
Britain's Soft-on-Crime Policies Allowed the Manchester Synagogue Terror Attack to Happen
'This Is a Big Day:' President Trump Speaks About Hamas Agreement to Release...
Sen. Josh Hawley Says He's 'Baffled' by FDA's Approval of Another Abortion Drug
Hollywood Hates Censorship but Won't Act, The Atlantic Idiotically Compares Charlie Kirk t...
UK Home Secretary Shabana Mahmood Says She's 'Surprised' by Name of Manchester Synagogue...
Broadview Police Chief Ready to Tear Down Fence Around ICE Facility
Equity: Zohran Mamdani Will Eliminate Gifted Programs From NYC Schools
Sean 'Diddy' Combs Sentenced to 4 Years, 2 Months for Prostitution-Related Crimes
Illegal Alien with 30-Year Rap Sheet Ran Iowa School District
WATCH: Tim Walz Explains 2024 Loss With Wild Debate Excuse
Cancel Netflix: Conservative Leaders Call Out Alleged Radical Agenda
Tipsheet

BREAKING: Ontario Bows Down to Trump in Tariff War

Townhall Media

Well, that didn’t take too long. The Canadian province of Ontario has backed down after threatening to levy a surcharge on electricity to three U.S. states as President Donald Trump threatened to double the tariff he has already placed on Canadian goods.

Advertisement

Doug Ford, premier of Ontario, and U.S. Secretary of Commerce Howard Lutnick released a statement on Tuesday indicating they had come to an understanding. The two leaders “had a productive conversation about the economic relationship between the United States and Canada,” according to the statement.

Secretary Lutnick agreed to officially meet with Premier Ford in Washington on Thursday, March 13 alongside the United States Trade Representative to discuss a renewed USMCA (United States-Mexico-Canada Agreement) ahead of the April 2 reciprocal tariff deadline. In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota.

Ford  told reporters that he and Lutnick “have both agreed, let cooler heads prevail.”

Earlier in the day, President Donald Trump wrote a post on Truth Social in which he announced an additional 25 percent tariff on Canadian steel and aluminum imports. It was a response to Canada placing a 25 percent tariff on electricity coming to the United States.

The tariff is set to go into effect on Wednesday. The president further indicated that he would declare a “National Emergency on Electricity within the threatened area.”

Advertisement

In a Monday post, the president indicated he would take further action against Canada after it imposed its 25 percent tariff. “Canada is a Tariff abuser, and always has been, but the United States is not going to be subsidizing Canada any longer,” he wrote.

It is not yet clear whether Canada will budge on its tariff, but it seems that Trump’s threat did have an impact given that Ontario is making this move. Perhaps the Wednesday meeting will move the two nations closer to a resolution that works for both parties. Either way, it appears Trump’s use of tariffs to bring Canada to the bargaining table might be yielding some fruit.

 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement