Canada Will Retaliate Against Trump's Tariffs, Ontario Premier Doug Ford Says -- WSJ

Dow Jones

02 Apr

By Vipal Monga

Canada is prepared to retaliate against President Trump's tariffs, said Doug Ford, leader of Ontario, the country's most populous province.

"I think the only acceptable tariff is zero," Ford said in an interview with The Wall Street Journal. He said he spoke with U.S. Commerce Secretary Howard Lutnick last week, but hasn't spoken with him since.

In an interview with NBC, Ford said that Canada will retaliate if Trump moves ahead with tariffs on Wednesday. "We are going to retaliate appropriately, but hard," said Ford. Ontario's economy is heavily dependent on an auto industry that Trump has targeted with 25% duties, and Ford has been one of Canada's most vocal voices calling for retaliation.

He cautioned that Americans will lose jobs as a result of the tariffs, soon after Trump announces his reciprocal tariffs on Wednesday. "I don't call it Liberation Day for Americans, I call it Termination Day, because there are people going to be laid off. Assembly lines will shut down," said Ford.

Meanwhile, Canadian Prime Minister Mark Carney said Tuesday that Canada would hit back at the U.S., but added that it would take a deliberate approach to avoid hurting Canadian workers.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 01, 2025 17:33 ET (21:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Assembly lines will shut down,\" said Ford. \n</p>\n<p>\n     Meanwhile, Canadian Prime Minister Mark Carney said Tuesday that Canada would hit back at the U.S., but added that it would take a deliberate approach to avoid hurting Canadian workers. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2025 17:33 ET (21:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canada Will Retaliate Against Trump's Tariffs, Ontario Premier Doug Ford Says -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanada Will Retaliate Against Trump's Tariffs, Ontario Premier Doug Ford Says -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-02 05:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Vipal Monga \n</p>\n<p>\n     Canada is prepared to retaliate against President Trump's tariffs, said Doug Ford, leader of Ontario, the country's most populous province. \n</p>\n<p>\n     \"I think the only acceptable tariff is zero,\" Ford said in an interview with The Wall Street Journal. He said he spoke with U.S. Commerce Secretary Howard Lutnick last week, but hasn't spoken with him since. \n</p>\n<p>\n     In an interview with NBC, Ford said that Canada will retaliate if Trump moves ahead with tariffs on Wednesday. \"We are going to retaliate appropriately, but hard,\" said Ford. Ontario's economy is heavily dependent on an auto industry that Trump has targeted with 25% duties, and Ford has been one of Canada's most vocal voices calling for retaliation. \n</p>\n<p>\n     He cautioned that Americans will lose jobs as a result of the tariffs, soon after Trump announces his reciprocal tariffs on Wednesday. \"I don't call it Liberation Day for Americans, I call it Termination Day, because there are people going to be laid off. Assembly lines will shut down,\" said Ford. \n</p>\n<p>\n     Meanwhile, Canadian Prime Minister Mark Carney said Tuesday that Canada would hit back at the U.S., but added that it would take a deliberate approach to avoid hurting Canadian workers. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2025 17:33 ET (21:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524223521","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524223521","pubTimestamp":1743543180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Canada is prepared to retaliate against President Trump's tariffs, said Doug Ford, leader of Ontario, the country's most populous province.\"I think the only acceptable tariff is zero,\" Ford said in an interview with The Wall Street Journal. 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Ontario's economy is heavily dependent on an auto industry that Trump has targeted with 25% duties, and Ford has been one of Canada's most vocal voices calling for retaliation. \n\n\n     He cautioned that Americans will lose jobs as a result of the tariffs, soon after Trump announces his reciprocal tariffs on Wednesday. \"I don't call it Liberation Day for Americans, I call it Termination Day, because there are people going to be laid off. Assembly lines will shut down,\" said Ford. \n\n\n     Meanwhile, Canadian Prime Minister Mark Carney said Tuesday that Canada would hit back at the U.S., but added that it would take a deliberate approach to avoid hurting Canadian workers. \n\n\n       This item is part of a Wall Street Journal live coverage event. 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