The U.S.-Canada trade fight is escalating as Ontario Premier Doug Ford warns that “all options are on the table,” including potentially cutting electricity exports to the United States.
Canada is preparing new tariffs on American imports, while President Donald Trump has vowed to retaliate. The economic stakes are significant, with 1 in 3 Canadian purchases coming from the U.S., while Canadian imports account for just 0.6% of U.S. consumption.
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