Source: The American Prospect
by Gabrielle Gurley
“Three years ago, Michigan Gov. Gretchen Whitmer and Ontario Premier Doug Ford signed an agreement designed to build on their long-standing economic ties. The memorandum of understanding was basically a goodwill gesture. Michigan and Ontario have the deepest trading ties between any state and province, thanks to the strength of their automotive industries and sectors ranging from energy to tourism. But since President Trump returned to the White House, spewing the fiction that the United States is somehow ‘subsidizing’ Canada, both Whitmer, a Democrat, and Ford, the leader of Ontario’s Progressive Conservative Party, have warned that greenlighting tariffs increases the likelihood of a tit-for-tat trade war that would crater two regions and two national economies. Outlines of Trump’s plans are beginning to emerge.” (01/30/25)
https://prospect.org/economy/2025-01-30-canada-braces-for-two-step-trade-war/