President Donald Trump is going to "cause" a recession, according to a warning from Ontario Premier Doug Ford, the leader of Canada's most populous province. Newsweek has contacted Ford's office for comment via email.
Next, Trump moved to exclude automobiles from the measures. And then on Thursday — two days into the new tariffs — Trump reversed course and said he would delay tariffs on many Canadian and Mexican goods until April 2. (Trump also has boosted tariffs on China by 10%, with retaliation by China expected in the coming days.)
Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader as the country deals with U.S.
It's over for Starlink in Ontario, according to the Canadian province's premier, Doug Ford. Ford said in a press conference Tuesday that due to US tariffs imposed against Canada -- which as of Thursday were delayed until April -- Ontario canceled a $100 million contract with Elon Musk's Starlink satellite company it signed in November.
The White House slapping Canada, Mexico and China with tariffs quickly sparked ire and reciprocal measures from the U.S.'s main trading partners.
Ontario Premier Doug Ford said that his province is prepared to add a 25% surcharge on the electricity it exports to Michigan.
Ontario Premier Doug Ford has issued a formal warning to officials in Michigan, New York, and Minnesota regarding a potential 25% surcharge on electricity exports from Canada.
Despite Trump’s claim that the U.S doesn’t need Canada, nearly a quarter of the oil America consumes per day comes from Canada. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well.