Canada’s Ontario Drops Starlink Contract Due to Trump-Era Tariffs
In a decisive response to recent U.S. tariffs on Canadian imports, Ontario Premier Doug Ford announced the cancellation of a C$100 million contract with Elon Musk’s Starlink, a satellite internet service provider. This contract aimed to deliver high-speed internet to remote and rural areas in Ontario.
Premier Ford declared that Ontario will prohibit American companies from securing provincial contracts until the U.S. lifts its tariffs. He emphasized that U.S.-based businesses stand to lose substantial revenue due to these measures, attributing the situation to President Donald Trump’s tariff policies.
These actions are a direct response to President Trump’s imposition of a 25% tariff on nearly all Canadian imports, excluding oil, which faces a 10% surcharge. In retaliation, Canadian Prime Minister Justin Trudeau announced plans to implement a 25% tariff on $155 billion worth of American goods, highlighting the potential negative impact on both American jobs and consumer costs.
The escalating trade tensions have raised concerns about a potential trade war, with significant implications for businesses and consumers on both sides of the border. The situation remains dynamic, with ongoing discussions aimed at resolving the disputes.
For more insights into this development, you can watch the following video: