{"id":136147,"date":"2024-12-12T10:01:57","date_gmt":"2024-12-12T03:01:57","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=136147"},"modified":"2024-12-12T10:01:57","modified_gmt":"2024-12-12T03:01:57","slug":"ontario-premier-says-us-energy-exports-will-be-cut-off-if-trump-imposes-sweeping-tariffs-on-canada","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=136147","title":{"rendered":"Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>TORONTO (AP) \u2014 The premier of Canada\u2019s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products. <\/p>\n<p>Trump has <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/with%20Donald%20Trump%20at%20his%20Mar-a-Lago%20club\">threatened to impose<\/a><\/span> a 25% tax on all products <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/tariffs-trump-trade-policy-economy-0fb9740a4b42c734c75b64ba09c901d5\">entering the U.S.<\/a><\/span> from Canada and <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/mexico-tariffs-trump-retaliate-sheinbaum-fac0b0c6ee8c425a928418de7332b74a\">Mexico<\/a><\/span> unless they stem the flow of migrants and drugs.<\/p>\n<p>\u201cWe\u2019re going to put our list together, and I\u2019m sure the other provinces will as well. But we will go to the full extent, depending on how far this goes. We will go to the extent of cutting off their energy,\u201d Ontario Premier Doug Ford after meeting with Canadian Prime Minister Justin Trudeau and other provincial premiers. <\/p>\n<p>Ford said he didn\u2019t want this to happen but wasn\u2019t optimistic Canada could avoid tariffs. <\/p>\n<p>\u201cThis fight is 100% coming on Jan. 20 or Jan. 21,\u201d he said, referencing to the date of Trump\u2019s inauguration.<\/p>\n<p>\u201cWe will use every tool in our tool box to fight back. We can\u2019t sit back and roll over. We just won\u2019t as a country. And isn\u2019t this a shame, our closest friends and allies.\u201d<\/p>\n<p>About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. <\/p>\n<p>It wasn\u2019t immediately clear if Ford was talking about all Canadian provinces cutting off energy exports to the U.S. or just his province. But a spokeswoman for Ford, Grace Lee, said it was raised in the call between Trudeau and the provincial premiers. <\/p>\n<p>\u201cPremier Ford can only speak on behalf of Ontario, but its an area of provincial jurisdiction that we would certainly look at,\u201d Lee said in an email. <\/p>\n<p>Lee noted Ontario powered 1.5 million homes in the U.S. in 2023 and is a major exporter of electricity to Michigan, Minnesota and New York. <\/p>\n<p>Trump\u2019s transition team did not immediately respond to a request for comment on the threat.<\/p>\n<p>Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.<\/p>\n<p>\u201cCanada, of course, will respond to unjustified tariffs,\u201d Deputy Prime Minister Chrystia Freeland said after the meeting. <\/p>\n<p>Freeland said a number of provincial premiers voiced support for a robust response to the tariffs and said that included critical minerals that are exported to the U.S. <\/p>\n<p>She didn\u2019t specifically mention oil but said \u201cobviously other ideas were discussed as well\u201d when asked if Canada is considering cutting off oil exports to America. <\/p>\n<p>About a third of Canada\u2019s trade to the U.S. is energy. <\/p>\n<p>Nearly $3.6 billion Canadian (US $2.7 billion) worth of goods and services cross the border each day. Canada is the top export destination for 36 U.S. states.<\/p>\n<p>Canada has promised more border security spending to address Trump\u2019s concerns. Ford said that will include more border and police officers as well as drones and sniffer dogs. <\/p>\n<p>Ford said Trump is more aggressive this time. \u201cHe\u2019s a different type of cat to say the least,\u201d Ford said. <\/p>\n<p>Trudeau said this week tariffs would be <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/canada-trudeau-us-trump-tariffs-f23417b8f6671adf6b4c908be630615f\">\u201cabsolutely devastating\u201d<\/a><\/span> for the Canadian economy, but it would also mean real hardship for Americans. <\/p>\n<p>Economists say companies would have little choice but to pass along the added costs, <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/trump-inflation-tariffs-taxes-immigration-federal-reserve-a18de763fcc01557258c7f33cab375ed\">dramatically raising prices<\/a><\/span> for food, clothing, automobiles, alcohol and other goods.<\/p>\n<p>The Produce Distributors Association, a Washington-based trade group, has said tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate.<\/p>\n<p>Canada imposed duties in 2018 against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum.<\/p>\n<p>Canada\u2019s central bank, meanwhile, lowered its key interest rate by half a percentage point on Wednesday and called Trump\u2019s threat to impose sweeping new tariffs on Canada \u201ca major source of new uncertainty.\u201d <\/p>\n<p>\u201cWe did underline that the threat of new tariffs on Canadian exports, particularly at the level suggested, that is a major source of new uncertainty,\u201d Bank of Canada Tiff Macklem said at a press conference. \u201cBut the reality is we don\u2019t know if those tariffs are going to be implemented. <\/p>\n<p>\u201cWe don\u2019t know if exemptions are going to be agreed on some parts, we don\u2019t know at what level, we don\u2019t know if Canada will take retaliatory measures.\u201d<\/p>\n<p>Trudeau, meanwhile, got the attention of billionaire Elon Musk, a big supporter of Trump, with comments he made Tuesday lamenting that U.S. voters selected Trump over Kamala Harris as president. <\/p>\n<p>\u201cWe were supposed to be on a steady if difficult sometimes march toward progress. And yet, just a few weeks ago, the United States voted for a second time to not elect its first woman president,\u201d Trudeau said at a event sponsored by Equal Voice, an organization dedicated to improving gender representation in Canadian politics. \u201cEverywhere, women\u2019s rights and women\u2019s progress is under attack \u2014 overtly and subtly.\u201d<\/p>\n<p>Musk called Trudeau \u201cinsufferable\u201d in a post on X. \u201cWon\u2019t be in power for much longer,\u201d he wrote. <\/p>\n<p>Ford also criticized Trudeau for the remarks. <\/p>\n<p>\u201cThey are not helpful at all. It was brought up a couple of times in our meeting,\u201d Ford said. \u201cDonald Trump was elected democratically. If you like him or you don\u2019t like him that\u2019s not our issue. We elect Canadians and it was not helpful whatsoever. I\u2019m sure the prime minister got the message loud and clear.\u201d <\/p>\n<\/p><\/div>\n<p><script>\n  window.fbAsyncInit = function() {\n      FB.init({\n              appId : '870613919693099',\n          xfbml : true,\n          version : 'v2.9'\n      });\n  };\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/apnews.com\/article\/canada-interest-rate-cut-trump-tariffs-c0ef920ffb02ea0531c93516abad64e0\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO (AP) \u2014 The premier of Canada\u2019s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=136147\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-136147","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/136147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136147"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/136147\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}