In response to President Trump’s latest round of tariffs this week on Canada, Premier Ford — a political conservative who once supported Trump’s policies but was re-elected last week on a campaign against Trump’s actions — vowed to retaliate with a 25% surcharge on electricity exports to Michigan, New York and Minnesota.
Ontario Premier Doug Ford says starting Monday, the province will charge 25 per cent more for electricity shipped to 1.5 million Americans in response to U.S. President Donald Trump's tariffs.
Under Trump's flip-flopping raft of tariffs, Washington placed a 10 percent tariff on Canadian energy, the major supplier to U.S. states hugging the northern border. Ford has pledged retaliatory 25 percent tariffs on Canadian electricity sent to the U.S. states of New York, Minnesota and Michigan from Ontario, to take effect on Monday.
Experts warn that an abrupt halt in electricity exports could cause price spikes in major U.S. cities like Buffalo, Seattle, and Portland.
Ontario will slap a 25% export tax on electricity it sends to 1.5 million homes in Minnesota, Michigan and New York in retaliation for U.S. tariffs, said Doug Ford, leader of the Canadian province. Fo
Power disruptions could follow in Michigan and beyond if Ontario, Canada follows through on halting electricity exports amid the trade war.
Ontario will rip up its $100-million deal with Elon Musk's Starlink internet provider and U.S. companies will be banned from procurement contracts as part of the province's response to President Donald Trump's tariffs on Canadian goods.
Minnesota companies were assessing the damage Tuesday of the nascent trade war between the United States and its three biggest trade partners, an escalating tit-for-tat that could affect billions of dollars in state imports and exports.