Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

https://apnews.com/article/canada-interest-rate-cut-trump-tariffs-c0ef920ffb02ea0531c93516abad64e0

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
By ROB GILLIES
Updated 9:15 PM CST, December 11, 2024

TORONTO (AP) — The premier of Canada’s 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.

Trump has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow of migrants and drugs.

“We’re going to put our list together, and I’m 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,” Ontario Premier Doug Ford said after meeting with Canadian Prime Minister Justin Trudeau and other provincial premiers.

“This fight is 100% coming on Jan. 20 or Jan. 21,” he said, referencing to the date of Trump’s inauguration.

About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well.

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.

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