President Joe Biden could be steering Canada and the U.S. toward a “very serious trade battle” by reviving a signature bill that threatens Ontario’s auto industry, the province’s Trade and Job Creation minister says.
But last week Biden suggested the win may be short-lived. The president said Democrats would revive the package, and try to pass parts of the bill“I think it’s clear that we would be able to get support for the $500-plus billion for energy and the environmental issues that are there,”While the U.S.
In December, Mary Ng, the federal minister of International Trade, Export Promotion, Small Business and Economic Development, and Chrystia Freeland, the federal Finance minister, said if Biden’s EV tax credit becomes law that they’ll challenge its legitimacy under CUSMA, and retaliate against the U.S. Ontario’s Progressive Conservative government supports these moves, Fedeli said.