Ontario Premier Doug Ford has announced that Canada will suspend the planned 25% tariff on electricity exports to three U.S. states, Michigan, New York and Minnesota.
The discussion between United States Secretary of Commerce Howard Lutnick and Ford centered on trade disputes and efforts to strengthen economic ties between the two countries. Both leaders expressed a commitment to resolving issues that have emerged from recent tariff measures and finding ways to ensure a stable economic partnership.
Upcoming Trade Meeting in Washington
Following their discussion, Lutnick confirmed that he would meet with Ford in Washington, D.C., on Thursday, March 13, alongside the United States Trade Representative.
The meeting is expected to focus on the renewal of the U.S.-Mexico-Canada Agreement (USMCA), as well as strategies to avoid further trade disruptions.
With an important deadline looming on April 2 for reciprocal tariffs, the Washington meeting will be a crucial opportunity for both sides to negotiate terms that could prevent additional trade restrictions.
“Secretary Lutnick agreed to officially meet with Premier Ford in Washington on Thursday, March 13, alongside the United States Trade Representative to discuss a renewed USMCA ahead of the April 2 reciprocal tariff deadline,” Ford announced on social media.
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