Story perspectives

Ford Blasts U.S. Tariffs as Canadian Markets Brace for Change

8/21/2025

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Center

Ford Critiques Tariffs

Ontario Premier Doug Ford criticized U.S. tariffs affecting Canadian trade and called for new ownership of Stelco.
A Reuters poll forecasts the S&P 500 will reach 6,300 points by the end of 2025 amid tariff and economic slowdown concerns.
Canada's S&P/TSX Composite Index is projected to rise to 28,553 by year-end due to lower borrowing costs and clearer tariffs.
Corporate earnings may decline in the latter half of 2025, particularly in consumer sectors, despite a strong second quarter.

Right

Ford Supports Workers

Ontario Premier Doug Ford criticized Cleveland-Cliffs CEO Lourenco Goncalves for supporting U.S. steel tariffs, neglecting Stelco workers.
Ford announced $70 million in support for affected workers and suggested Stelco requires a new owner.
Increased U.S. tariffs on Canadian goods are straining trade relations.
Public skepticism persists regarding trade agreements under Prime Minister Carney.

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Ford Critiques Tariffs

Ontario Premier Doug Ford criticized U.S. tariffs affecting Canadian trade and called for new ownership of Stelco.
A Reuters poll forecasts the S&P 500 will reach 6,300 points by the end of 2025 amid tariff and economic slowdown concerns.
Canada's S&P/TSX Composite Index is projected to rise to 28,553 by year-end due to lower borrowing costs and clearer tariffs.
Corporate earnings may decline in the latter half of 2025, particularly in consumer sectors, despite a strong second quarter.

1 / 2