Economy

Ontario Premier Doug Ford Delays Countermeasures Against US Imports Until April 2

Ontario Premier Doug Ford's Strategic Delay on US Countermeasures

In a significant development, Ontario Premier Doug Ford announced on Thursday that an agreement has been reached with Canadian Prime Minister Mark Carney to hold off on imposing countermeasures against US imports until April 2. This decision comes amid ongoing tensions over trade policies between the two nations.

Conversations with US Commerce Secretary Yield No Tariff Assurances

Despite the delay, Premier Ford shared with reporters that Canada has not received any assurances from US Commerce Secretary Howard Lutnick regarding the potential easing of tariffs. Nevertheless, Ford described their discussion as a "good conversation," highlighting the complexities of international trade negotiations.

Anticipated Announcement from Ottawa

The Prime Minister's office has confirmed the dialogue between Ford and Carney, with expectations high for an upcoming announcement from Ottawa. This announcement is poised to address the US-imposed auto tariffs, a move that has significant implications for the Canadian economy.