Friday, February 20, 2026

Carney Rebuffs Ford’s Call to Hit Back at US Over Tariffs

Prime Minister Mark Carney on Thursday rejected calls from Ontario Premier Doug Ford to impose retaliatory tariffs on the United States, saying Canada should prioritize ongoing trade negotiations over escalation.

“There’s times to hit back and there’s times to talk, and right now is the time to talk,” Carney told reporters at a news conference in Toronto, where he briefed Ford on the status of trade talks with Washington.

The rebuff came two days after Ford delivered a forceful speech at the Empire Club of Canada, urging the prime minister to take a harder line with US President Donald Trump’s administration.

“President Trump could agree to something one day and he’ll wake up and change his mind the next day, and you won’t even know what hit you,” Ford said Tuesday. “If he can’t get a deal, we have to hit back.”

Carney said Ottawa has launched “deep” and “intensive” negotiations with the US on several tariffed sectors, including energy, aluminum, and steel. The prime minister met with Ford at the premier’s Etobicoke home Thursday evening to discuss tariffs affecting the automotive, forestry, and manufacturing sectors.

The dispute comes amid mounting pressure on Canada’s economy from Trump’s trade policies. On Wednesday, automaker Stellantis announced plans to move Jeep Compass manufacturing from its Brampton, Ontario plant to a facility in Illinois — a move Carney called “a direct consequence” of U.S. tariffs.

Related: Joly threatens Stellantis suit over US shift after billions in subsidy fails to bind 

Canada’s automotive sector provides direct employment for 125,000 workers and supports an additional 500,000 jobs across related industries, according to government figures.

Carney, who became prime minister in March after winning the Liberal Party leadership in a landslide, won a federal election in April that observers characterized as a referendum on Trump’s threats to make Canada the 51st US state. The former Bank of Canada and Bank of England governor has sought to balance defiance of Trump with diplomatic engagement.

The United States purchases over three-quarters of all Canadian exports. Trump has imposed tariffs of up to 50% on Canadian steel and aluminum, 25% on autos, and additional duties on lumber and other sectors.

Dominic LeBlanc, the federal minister responsible for Canada-US trade, continued negotiations with senior US officials in Washington this week. Canada and the US will conduct a review of the United States-Mexico-Canada Agreement in 2026.



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Eldorado Gold: The $3.8 Billion Foran Mining Acquisition

Silver Tiger’s $2.35B Silver Blueprint: Two Mines, One Perfect Metals Market

Gold Is At Records. Barrick Mining Is Printing Cash. The Stock Still Fell. | Q4 Earnings

Recommended

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

First Majestic Q4 2025: Record Revenue, Earnings, Annual Silver Output

Related News

Auto Sector Faces Uncertain Future as US-Canada Trade Tensions Escalate

Canada’s automotive sector stands at a critical juncture as recently implemented US tariffs threaten its...

Monday, May 12, 2025, 12:10:00 PM

Ford Gov’t Headed For Massive Budget Deficit Due To Interest Rates And $3B Infrastructure Bank

Ontario’s journey towards fiscal balance has encountered unexpected hurdles, according to the Ministry of Finance....

Friday, November 3, 2023, 03:07:00 PM

Carney’s Liberal Government One Seat Away From Majority After Tory MP Crosses Aisle

Mark Carney’s Liberal government moved within one seat of a majority after Markham–Unionville MP Michael...

Friday, December 12, 2025, 09:39:28 AM

Trump Pauses Tariffs On Non-Retaliating Countries, Bumps China Tariffs To 125% Effective Immediately

The markets have finally received some relief today, with US President Donald Trump this afternoon...

Wednesday, April 9, 2025, 01:33:37 PM

Trump to Canada: Join US as 51st State or Face Tariffs

President Donald Trump has intensified his push to make Canada the 51st state, moving beyond...

Friday, January 24, 2025, 03:43:00 PM