Ontario Premier Threatens Trade Retaliation | Toronto News

Toronto News Today | 2 Min News | The Daily News Now! · Aug 24, 2026 · 1m

Ontario’s premier is firing back at Trump’s escalating trade war, warning that Canada won’t back down — even threatening to cut off critical resources like electricity and minerals if tensions don’t ease. With a 50% tariff on Canadian cars and auto parts hitting Ontario’s manufacturing hard, the premier frames this as an economic battle, calling Trump’s moves reckless and historically out of step — even comparing him unfavorably to Reagan. He’s leveraging Canada’s strategic resources as bargaining chips, emphasizing their importance to U.S. defense and industry, while insisting Canada remains…