Premier of Ontario recedes after Donald Trump threatens to raise tariffs on Canadian steel and aluminum to 50%

Premier of Ontario Doug Ford agreed to suspend its 25% surcharge on exports of electricity to Michigan, New York and Minnesota. He is also pushing talks with USA Secretary of Commerce Howard Lutnick and Trade Representative to discuss a renewed USMCA (United States-Mexico-Canada Agreement). When the Trump Administration applies the reciprocal tariffs on April 2nd, Canada would likely face tariffs not just of 25% but can be 250% - 390% because these are the rates Canada is applying for American farming and diary products.

Canada’s Ontario Premier levels up the trade war with the USA into an overall economic war

The Premier of Ontario Province which shares a long border with USA Doug Ford just canceled Elon Musk’s Starlink contract and banned all U.S. companies from government contracts in response to Trump’s imposing new 25% tariffs on Canadian goods. These are additional retaliations from Canada after the Prime Minister announced to implement 25% tariffs against $155 billion of American products.

Canada's Ontario Premier Doug Ford