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Ontario Premier Doug Ford introduced Tuesday that Canada’s most populous province was suspending its 25% surcharge on electrical energy exports to the US, hours after President Trump introduced extra 25% duties on Canadian aluminum and metal.
In an announcement on X, Ford mentioned he had a “productive dialog” with Commerce Secretary Howard Lutnick and the 2 would meet in Washington Thursday alongside US Commerce Consultant Jamieson Greer.
Ford mentioned he would focus on a “renewed USMCA” with Lutnick and Greer, referring to the North American commerce settlement signed throughout Trump’s first time period.
“In response, Ontario agreed to droop its 25 per cent surcharge on exports of electrical energy to Michigan, New York and Minnesota,” Ford and Lutnick added of their joint assertion.
Trump had written a scathing response to Ford’s electrical energy surcharge earlier Tuesday morning, saying the US would convey its tariffs on Canadian metal and aluminum to 50% in response.
The 50% tariff was set to enter impact on Wednesday morning. Trump additionally warned Canada to drop their excessive tariffs on US dairy merchandise and mentioned he would enhance levies on Canada’s auto business on April 2, promising to decimate its exports.
The president hailed Ford for backing down from his 25% electrical energy surcharge, telling reporters on the South Garden, “He has known as, and he mentioned he’s not going to do this … it might’ve been a really dangerous factor if he did, and he’s not going to do this, so I respect that.”
Trump didn’t point out whether or not or not the metal and aluminum tariffs would nonetheless take impact Wednesday.
The continued commerce conflict has been brewing with Canada since Trump took workplace and threatened the northern neighbor with blanket 25% tariffs in the event that they didn’t safe the northern border from drug smuggling and unlawful immigration, and didn’t decrease their tariffs on the US.
In February, Trump delayed the preliminary imposition of tariffs by one month after Canada agreed to ship troops to the border and work to rein in drug smugglers — however the relationship rapidly devolved and the 25% across-the-board tariffs took impact March 4.
Over the next days, Trump imposed one-month carveouts for automobile imports from Canada and Mexico, then prolonged it to items lined by the 2020 USMCA.
The president has since mentioned he would subject reciprocal tariffs on dairy and lumber if Canada doesn’t drop their charges — and has scheduled April 2 as a future date for auto tariffs to sit back in, in addition to reciprocal tariffs on US imports from world wide, together with nations just like the European Union and Japan.
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