Ontario Premier Doug Ford and incoming Canadian Prime Minister Mark Carney met to discuss trade relations with the U.S. amidst the imposition of new tariffs.
Doug Ford and Mark Carney's Meeting
Doug Ford held his first meeting with Mark Carney since his election as Liberal Party leader, describing their discussion as positive. The conversation focused on addressing responses to U.S. President Donald Trump’s actions, including potential new tariffs.
Canada's Retaliatory Tariffs
Canada announced nearly $30 billion in retaliatory tariffs against the U.S. in response to the new steel and aluminum tariffs. Federal Finance Minister Dominic LeBlanc confirmed these tariffs would take effect at 12:01 a.m. ET on Thursday.
Pushing for Fair Trade Negotiations
Doug Ford emphasized the need to discuss the future of the Canada-United States-Mexico Agreement (CUSMA), expressing a willingness to collaborate with U.S. officials to negotiate a fair trade deal. Mark Carney expressed readiness to meet with Trump at the right time to discuss trade relations.
The meeting between Ford and Carney showcases Canada's resolve to enhance trade relations with the U.S. and find solutions to the current situation. The implementation of retaliatory tariffs is part of Canada's strategy to protect its interests.