Tag: tariff
Ontario premier Doug Ford to call snap election to fight Trump tariff threat
Progressive Conservative leader of Canada’s most populous province seeks ‘strong mandate’ to counter 25% tariff plan The Ontario premier, Doug Ford, has said an early election is needed in the Canadian province in order to fend off an income “attack” from Donald Trump as a trade war looms between the close allies. But opposition parties…
Why Trump’s tariff promises will be hard to keep
Danielle Kurtzleben Donald Trump made a new, big promise last week about tariffs — the latest in a string of outsized pledges to use tariffs to benefit the United States. On his social media platform, he declared that he wants to create what he’s calling the “External Revenue Service” to collect tariffs and other revenues…
Canada Prepares for Trump Tariff Threat With Three-Stage Plan
Global Economy Global Economy Global Economy Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports. By Matina Stevis-Gridneff Reporting from Ottawa Orange juice from Florida. Whiskey from Tennessee. Peanut butter from Kentucky. Canada is preparing for an all-out trade war with its closest ally and one of its…
Canada’s provincial leaders in disarray over response to Trump tariff threats
Responses range from conciliation to retaliation, including cutting off electricity and halting the purchase of US liquor Canada’s provincial premiers are sharply divided on how to prepare for US trade tariffs, less than a week before Donald Trump takes office with a threat to dramatically reshape the relationship between the two countries. Canadian officials have…