Canada and U.S. Engage in High-Level Tariff Talks Amid Escalating Trade Dispute
Canadian officials and U.S. Commerce Secretary Howard Lutnick discuss reciprocal tariffs and future trade policy during a tense but constructive Washington meeting.
- U.S. Commerce Secretary Howard Lutnick met with Canadian officials, including Ontario Premier Doug Ford and Finance Minister Dominic LeBlanc, to address ongoing steel and aluminum tariffs and trade tensions.
- Lutnick criticized Canada’s retaliatory tariffs on $29.8 billion worth of U.S. goods as 'tone deaf,' while defending U.S. tariffs as necessary for national security and economic balance.
- Ontario's previously announced 25% electricity surcharge on three U.S. states was paused ahead of the meeting, helping to lower tensions between the two sides.
- Canadian representatives reported a better understanding of U.S. trade objectives, including potential exemptions for Canada under the broader U.S. tariff strategy expected in April.
- Both sides described the talks as productive and agreed to continue discussions, with Canadian officials aiming to protect their economic interests while maintaining a cooperative trade relationship.