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Ontario’s Premier Doug Ford is flexing Canada’s economic muscle, warning the U.S. that electricity exports could be cut off if trade tensions escalate — and he’s not holding back, comparing Trump’s approach to Reagan’s era and hinting at using oil as leverage. With U.S. tariffs hitting 50% on Canadian goods and Canada preparing a dollar-for-dollar retaliation starting in September, the standoff is heating up. Trump’s social media firestorms threaten even higher auto tariffs by 2027, blaming Canada for a $60 billion trade deficit. The fallout? Industries like steel and autos face massive uncertainty as both nations brace for a potentially devastating economic showdown.
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