Leader of Ontario says ‘cautiously optimistic’ about U.S.-Canada trade

The leader of Canada's Ontario province says he's "cautiously optimistic" about trade between the U.S. and Canada despite President Donald Trump's tariffs.

“Make no mistake about it, Canadians love Americans," Ontario Premier Doug Ford said Wednesday during an interview with NewsNation, after President Trump announced a slate of tariffs in addition to those he's already imposed on Canada. 

Both Canada and Mexico are subject to a 25% tariff, but the goods covered under the United States-Mexico-Canada Agreement are exempt. 

Ford said that he had been speaking with Commerce Secretary Howard Lutnick and working on a trade deal that will benefit both countries.

“You’ll see the markets climb if that happens,” he said, referencing the potential deal. “You’ll see greater investment, greater consumer confidence, and that’s what we believe is the right thing to do.”