The commerce secretary had expressed optimism that an agreement would be made.
Commerce Secretary Howard Lutnick announced that Canada and the U.S. will be discussing the trade relationship between the two nations after the end of a recent tariff escalation.
President Donald Trump had announced an additional 25 percent tariff on the imports of Canadian steel and aluminum after Canada had declared that they would place a 25 percent tariff on electricity provided to the United States in response to the U.S. president’s initial tariff set to go into effect on Wednesday.
Ontario Premier Doug Ford and Secretary Lutnick released a joint statement on Tuesday regarding the “productive conversation about the economic relationship between the United States and Canada.”
The statement said, “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 (United States-Mexico-Canada Agreement) ahead of the April 2 reciprocal tariff deadline. In response, Ontario agreed to suspend its 25 percent surcharge on exports of electricity to Michigan, New York, and Minnesota.”
Prior to the plan to discuss the trade relationship, President Trump listed the tariffs on cars coming from Canada, the “Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products” that Canada imposes, and the reliance of Canada on the United States for national security. The president said, “We are subsidizing Canada to the tune of more than 200 Billion Dollars a year.”
As the Lord Leads, Pray with Us…
- For President Trump as he seeks to reduce the imbalance of foreign tariffs on U.S. goods.
- For the president as he uses tariffs to increase U.S. national security, manufacturing, and employment.
- For Secretary Lutnick and Trade Representative Greer as they prepare to meet with Canadian officials to discuss trade.
Sources: Townhall, Newsweek
