Trump’s tariff threat puts 500,000 Ontario jobs at risk
Ontario Premier Doug Ford has warned that U.S. tariffs could cost his Canadian province up to 500,000 jobs.
He called the situation “serious and unprecedented.”
President-elect Donald Trump plans to slap 25% tariffs on imports from Canada and Mexico unless both curb illegal immigration and drug flow into the U.S.
The U.S., Canada’s largest trade partner, imported over $300 billion in 2022, making the threat alarming.
The Canadian government allocated $1.3 billion for border security, but Ford called it inadequate.
He criticized Ottawa’s silence on Trump’s demands, including increasing NATO spending to 2% of GDP.
Ford urged Public Safety Minister David McGuinty to explain the plan to counter tariffs.
Canada may consider tariffs on U.S. imports and cutting energy exports.
Canadian premiers will meet Prime Minister Justin Trudeau to address the crisis.