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Story summary
- Ontario Premier Doug Ford warned that Canada must prepare for permanent U.S. tariffs.
- Ontario’s average U.S. tariff rate is 9%, second only to Quebec’s 11%, according to National Bank analysis.
- Ford warned U.S. President Donald Trump could raise tariffs on autos, trucks and steel to 50% on New Year’s Day.
- Industry Minister Melanie Joly said bipartisan U.S. support exists for the duties, though targeted sectors remain debated.