Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • What Should You Look for in a Dubai Property Manager’s Monthly Report?
    • Powell tells Trump that Federal Reserve’s interest rate policy will depend on data and outlook
    • Rubio Implements Visa Restrictions Starting With Foreign Censors, Chinese Students
    • Savannah Chrisley Cries In Pink As She Picks Dad Up From Prison
    • Ex-DRC President Kabila holds talks in M23-held city of Goma: Reports | Conflict News
    • One major move for every AFC team to make
    • Can You Outsmart Rome’s Chaos Without a Tour Guide?
    • How cheap steel endangers Europe’s defence build-up
    News Study
    Thursday, May 29
    • Home
    • World News
    • Latest News
    • Sports
    • Politics
    • Tech News
    • World Economy
    • More
      • Trending News
      • Entertainment News
      • Travel
    News Study
    Home»World Economy

    Ontario’s ad campaign seeks to counter Trump tariffs threat

    Team_NewsStudyBy Team_NewsStudyDecember 3, 2024 World Economy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Unlock the White Home Watch e-newsletter without spending a dime

    Your information to what the 2024 US election means for Washington and the world

    The Canadian province of Ontario has launched a multimillion-dollar promoting marketing campaign selling financial and cultural hyperlinks with the US in an effort to counter president-elect Donald Trump’s risk to impose 25 per cent tariffs on all items from Canada.

    With grainy second world struggle photos, footage of Niagara Falls and pictures of quite a few bridges between the province and the US, the 60-second ad reminds Individuals how Ontario is their third-largest buying and selling accomplice and the highest export vacation spot for 17 states.

    “For generations, this ally to the north has been by your facet: Ontario, Canada, a accomplice related by shared historical past, shared values and a shared imaginative and prescient for what we will obtain collectively,” the advert states.

    Though the US has a free commerce settlement with Canada, in addition to Mexico, Trump accused the 2 nations of allowing unlawful migration and drug trafficking throughout their borders, saying that he would impose 25 per cent tariffs “on ALL merchandise coming into the US”.

    With C$3.6bn (US$2.6bn) in items and providers crossing the border every day — $1bn of this to and from Ontario — a 25 per cent tariff would have devastating penalties for each nations, stated Daniel Tisch, chief govt of the Ontario Chamber of Commerce.

    “It could disrupt provide chains, drive up manufacturing prices, cut back exports, erode investor confidence and gas job losses, significantly in Ontario and the border states,” he stated.

    Ontario has a inhabitants of about 16mn folks and is a hub for manufacturing, agriculture, know-how and innovation. The province can be residence to Canada’s automotive business which is deeply built-in with the US market. Its commerce with the US was value C$493bn in 2023.

    The province’s premier, Doug Ford, has been one among Canada’s most outspoken leaders on relations with the US since Trump received the presidential election.

    He urged the federal authorities in Ottawa to barter a bilateral commerce settlement with the US that cuts out Mexico, which he described as a “backdoor” for China into North America.

    Ford final week stated: “For months, Ontario has been pushing the federal authorities to point out that Canada understands, cares and is attentive to US safety and economic concerns, together with by urging them to match US tariffs on China.”

    Prime Minister Justin Trudeau on Friday night flew to Florida to satisfy Trump at his Mara a Lago resort in an effort to move off the tariffs.

    Really useful

    Following the assembly Trump stated in a Reality Social post that the leaders mentioned the circulation of fentanyl and unlawful immigrants throughout the southern US border, in addition to vitality, the Arctic, “Truthful Commerce Offers that don’t jeopardise American Staff, and the huge Commerce Deficit the US has with Canada”.

    Ford’s spokesperson stated the province’s advert is about to air this month on numerous US on-line streaming providers, together with Fox Information platforms, and can run into the brand new yr forward of Trump’s January 20 inauguration.



    Source link

    Team_NewsStudy
    • Website

    Keep Reading

    Powell tells Trump that Federal Reserve’s interest rate policy will depend on data and outlook

    How cheap steel endangers Europe’s defence build-up

    EU-US trade talks to go ahead despite court blow to Donald Trump’s tariffs

    White House moves to overturn ruling that Trump’s tariffs are illegal

    Court throws Donald’s Trump tariffs into doubt

    US economy shrank at 0.2% rate in first quarter

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    What Should You Look for in a Dubai Property Manager’s Monthly Report?

    May 29, 2025

    Powell tells Trump that Federal Reserve’s interest rate policy will depend on data and outlook

    May 29, 2025

    Rubio Implements Visa Restrictions Starting With Foreign Censors, Chinese Students

    May 29, 2025

    Savannah Chrisley Cries In Pink As She Picks Dad Up From Prison

    May 29, 2025

    Ex-DRC President Kabila holds talks in M23-held city of Goma: Reports | Conflict News

    May 29, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    About us

    Welcome to NewsStudy.xyz – your go-to source for comprehensive and up-to-date news coverage from around the globe. Our mission is to provide our readers with insightful, reliable, and engaging content on a wide range of topics, ensuring you stay informed about the world around you.

    Stay updated with the latest happenings from every corner of the globe. From international politics to global crises, we bring you in-depth analysis and factual reporting.

    At NewsStudy.xyz, we are committed to delivering high-quality content that matters to you. Our team of dedicated writers and journalists work tirelessly to ensure that you receive the most accurate and engaging news coverage. Join us in our journey to stay informed, inspired, and connected.

    Editors Picks

    Nvidia blindsided by Trump’s new China chip controls

    April 16, 2025

    Braves activating star second baseman for stretch run

    September 20, 2024

    The Lost Souls of Syria: The fight for justice using the ‘Caesar files’ | Bashar al-Assad

    December 17, 2024

    BREAKING: NY Times Turns On Kamala! Publishes NUMEROUS OpEds on ‘Weak,’ ‘Phony’ and ‘Ignorant’ Democrat Nominee | The Gateway Pundit

    August 28, 2024
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Newsstudy.xyz All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.