Ontario Imposes 25% Surcharge on Electricity Exports to U.S. in Trade Dispute
The move targets 1.5 million American consumers as retaliation for U.S. tariffs on Canadian goods under Trump's trade policies.
- Ontario's Premier Doug Ford announced a 25% surcharge on electricity exports to Minnesota, New York, and Michigan starting Monday.
- The surcharge is expected to generate C$300,000 to C$400,000 daily, with funds aimed at supporting Ontario workers, families, and businesses.
- This action is part of Canada's broader retaliation against U.S. tariffs, which include C$30 billion in federal tariffs on various American goods.
- Ford criticized Trump's trade policies, calling them detrimental to the U.S. economy and dismissing a one-month tariff delay as insufficient.
- Trade experts warn the surcharge could strain U.S.-Canada relations further, with no immediate response from the Trump administration.