US Edition‘Fasten your seatbelt’ Ford warns on pending CUSMA renegotiation with Trump following meeting with Carney
ONTARIO, CANADA, AUG 7 – Premier Doug Ford warns of potential reopening of the Canada-United States-Mexico Agreement amid 35% baseline tariffs and ongoing sector-specific duties on steel and aluminum.
- On Wednesday, Ontario Premier Doug Ford said he doesn’t trust U.S. President Donald Trump and expects him to soon reopen CUSMA, warning Ottawa must prepare for that this fall.
- Following the failure to meet the Aug. 1 deadline, a new tariff took effect on Friday after Trump escalated the trade dispute with a 35% tariff last week.
- Prime Minister Mark Carney said about 85% of trade with the U.S. remains tariff-free because of USMCA, but sector-specific tariffs like the 50% duty on steel, aluminum, and copper still apply and he may lift counter-tariffs.
- Ford said Ontario calls for retaliation while Saskatchewan Premier Scott Moe urges Ottawa to "dial down" counter-tariffs.
- Ford said Trump likely won't wait for the scheduled review of CUSMA next year and called for large industrial projects like building 'an aircraft carrier' to use Canadian steel.
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Ontario Premier Doug Ford said the federal government needs to prepare for that to happen this fall.
Premier Ford warns Trump could reopen CUSMA trade pact in the fall (Canada)
Ontario Premier Doug Ford is warning that U.S. President Donald Trump could choose to suddenly "pull the carpet out from underneath us" by opening up the trade agreement his administration negotiated with Canada during his first term. He said Ottawa needs to prepare for that to happen this...
Associated Press News
Ontario premier says he doesn't trust Trump and warns the US president could reopen trade pact
Ontario Premier Doug Ford says he doesn’t trust U.S. President Donald Trump and expects him to reopen the free trade agreement soon.
Ontario premier warns Trump could reopen CUSMA trade pact, calls for action to bolster economy
Ontario Premier Doug Ford is warning that U.S. President Donald Trump could choose to suddenly "pull the carpet out from underneath us" by opening up the trade agreement his administration negotiated with Canada during his first term.
"Do you trust President Trump? Not me."
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