World News

Ontario premier ‘cautiously optimistic’ amid Trump tariffs

Pinterest LinkedIn Tumblr

(NewsNation) — Ontario Premier Doug Ford sounded a conciliatory note Wednesday as President Trump announced a new slate of tariffs on foreign trade partners — minus Canada and Mexico.

“Make no mistake about it, Canadians love Americans. They love the U.S., and I do, too,” Ford told “The Hill” on Wednesday, saying he is “cautiously optimistic” about trade between the two countries.

Ford, leader of Canada’s most populous province, previously received wide attention for pushing back against Trump’s threats to impose tariffs on Canada. At one point, he threatened to tariff or even turn off electricity supplied to three U.S. states. He later relented.


4 GOP senators vote with Democrats to undo Trump tariffs on Canada

Wednesday was different. Trump unveiled a plan to charge reciprocal and baseline tariffs against several U.S. trading partners, but Canada and Mexico were notably absent. Those two countries are still subject to a 25 percent tariff, with goods covered under the United States-Mexico-Canada Agreement exempted.

Ford said he has been in discussions with U.S. Commerce Secretary Howard Lutnick and said the three countries — or just the U.S. and Canada — can negotiate terms of a trade deal benefiting everyone.

“You’ll see the markets climb if that happens. You’ll see greater investment, greater consumer confidence, and that’s what we believe is the right thing to do,” Ford said.