US-Canada animosity could impede an end to a trade war neither country wants
Analysts say the tariffs cover only $20 billion in goods and could still be rolled back if both sides seek a stopgap deal.
- On Tuesday, Canadian Prime Minister Mark Carney imposed retaliatory tariffs on about $20 billion worth of U.S. imports, including steel, dairy products, appliances, and farm equipment, in response to new 50% U.S. tariffs on Canadian goods.
- U.S. President Donald Trump intensified tensions on Monday by posting on Truth Social that Carney and Ontario Premier Doug Ford were 'taking advantage' of the U.S. and must 'fall in line' or face worse consequences.
- Ontario Premier Ford threatened to cut electricity exports to the U.S. amid the dispute; energy experts like Saleh ElHattab, founder and CEO of Gravity, warn that Canada cannot trigger massive blackouts and U.S. supply remains secure.
- Oxford Economics forecasts the trade conflict will reduce Canadian economic growth next year, lowering projections from 1.6% to 1.4% as both nations navigate the impact of 50% tariffs on key sectors.
- Former trade negotiator Wendy Cutler suggested appointing a trusted emissary to steer talks back on track, recalling how Jared Kushner helped negotiate the United States-Mexico-Canada Agreement eight years ago during similar tensions.
39 Articles
39 Articles
Idaho Press
FACT FOCUS: Could Canada leave US cities in the dark as part of the trade war? Not likely
Social media users are claiming that Canada could shut off electricity in the U.S. and cause massive blackouts if the trade war between the two countries escalates further. This is misleading. Canada could stop supplying parts of the U.S. with…
Winnipeg Free Press
Fact File: U.S. could inflict pain on Canada through energy trade
CALGARY - A post this week from U.S. President Donald Trump on his Truth Social platform included an implied threat to energy products flowing into Canada from south of the border. Though Canada is by far an overall bigger supplier to its southern neighbour than the other way around, there are some regions of the country that would be hit hard in the event of a U.S.-initiated disruption.
US-Canada animosity could impede an end to a trade war neither country wants
WASHINGTON (AP) — The U.S. and Canada have ramped up their trade war, hitting each other with steep new tit-for-tat tariffs. Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants.
Fact File: U.S. could inflict pain on Canada through energy trade – 105.9 The Region
CALGARY — A post this week from U.S. President Donald Trump on his Truth Social platform included an implied threat to energy products flowing into Canada from south of the border. Though Canada is by far an overall bigger supplier to its southern neighbour than the other way around, there are some regions of the country that would be hit hard in the event of a U.S.-initiated disruption. THE CLAIM Trump began his Monday post by insulting Ontario…
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