Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.
Canada is preparing retaliatory tariffs in response to U.S. president-elect Donald Trump’s threat to levy a 25 per cent import tax on all Canadian goods, and Ontario Premier Doug Ford threatened to withhold the province’s energy, which it exports to five states.
“We’ll use every tool in our toolbox, including cutting them off,” Ford said immediately after a meeting of the country’s premiers with Prime Minister Justin Trudeau and some members of the federal cabinet.
It was the second such meeting since Trump made the tariff threat, and the first since Trudeau flew to Florida to have dinner with the president-elect at his Mar-a-Lago estate.
In a Nov. 25 social media post, Trump said he would impose tariffs on all goods coming from Canada and Mexico unless both countries stop the flow of migrants and illegal drugs into the U.S.