Summary
Ontario Premier Doug Ford warned that Canada could cut electricity exports to the U.S. in retaliation for Donald Trump’s new tariffs on Canadian goods.
The U.S. imposed a 25% tariff on most Canadian imports, citing border security concerns. Ford emphasized that U.S. states like New York and Michigan rely on Canadian energy and should “feel the pain.”
Canadian officials also announced $155 billion in counter-tariffs.
If enacted, energy restrictions would likely raise prices in the U.S., escalating trade tensions between the two countries.
Canada ought to put forward two points.
Any tariff trump makes will be matched, and will run for 90 days longer than trump’s tariff (make that shit show up big on quarterly earnings numbers)
Any tariff that trump merely mentions publicly, or in private negotiaions, will immediately start a retaliatory tariff from Canada.