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Ontario seeks exemptions from upcoming U.S. tariffs

forexlive.com —

Ontario Premier Doug Ford recently met with US Commerce Secretary Howard Lutnick. He shared insights about upcoming US trade plans. The US is set to introduce global tariffs on April 2. Ford expressed concerns about these tariffs. He mentioned that they could negatively impact both the American and Canadian people. He emphasized Canada's goal to be first in line for exemptions from these tariffs. Ford noted that Canada and Mexico did not receive clear information about the potential reinstatement of a 25% tariff that had been postponed. He stated that discussions with the US will continue. While Ford is not optimistic about the April 2 deadline, he stressed the importance of a strong and united response from Canada. He warned that any retaliation would be "dollar for dollar and tariff for tariff." The situation looks challenging for both countries.

With a significance score of 2.8, this news ranks in the top 27% of today's 17992 analyzed articles.

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Timeline:

    [3.0]
    Doug Ford softens stance on U.S. trade tensions (theglobeandmail.com)
    2h
    Source
    [2.9]
    Ontario considers electricity surcharge on U.S. exports (theglobeandmail.com)
    6h
    Source
    [2.4]
    Ford keeps electricity export surcharge option open for now (cbc.ca)
    6h
    Source
    [2.8]
    Ontario seeks exemptions from upcoming U.S. tariffs (forexlive.com)
    8h
    Source