Minnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario if President Trump's ongoing tariff war doesn't end by Monday.
· 8h · on MSN
Ontario will tariff electricity going to 3 US states on Monday, premier says
· 2d · on MSN
Ontario will tariff electricity going to MI, NY, MN Monday, premier says
· 2d · on MSN
From Monday these U.S states will have to pay 25% more for electricity as Ontario premier Doug Ford imposes 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.
Ontario Premier Doug Ford says he's going ahead with plans to impose 25% tariffs on electricity sent to Michigan, New York and Minnesota.
Ontario's leadership threatened an additional surcharge for electricity they export to Michigan, Minnesota and New York.
“People are going to be losing their jobs in the U.S. and in Canada, and inflation is happening already. If there’s one thing the market doesn’t like is uncertainty. The market is going downhill quicker than the American bobsled team.”
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.
TORONTO — Ontario will charge 25 per cent more for electricity shipped to 1.5 million Americans starting Monday in response to U.S. President Donald Trump's tariffs, Premier Doug Ford said Thursday.
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