Ontario Imposes 25% Tariffs on Electricity Exports to U.S. In Response to Trump Planned Tariffs
Ontario Premier Doug Ford announced that a 25 percent surcharge would be applied to electricity exports to the United States, in response to President Donald Trump’s planned tariffs on Canada and Mexico.
In a press release from the Office of the Premier, it was revealed that the 25 percent tariffs on electricity exports to the U.S. would begin on Monday, and that roughly “1.5 million homes and businesses” in states such as Minnesota, New York, and Michigan would be affected.
The surcharge is expected to “cost up to $400,000 every day” that it remains in effect, according to the press release.
“President Trump’s tariffs are a disaster for the U.S. economy,” Ford said in a statement. “They’re making life more expensive for American families and businesses. Until the threat of tariffs is gone for good, Ontario won’t back down. We’ll stand strong, use every tool in our toolkit and do whatever it takes to protect Ontario.”
In November 2024, Trump announced that he would impose 25 percent tariffs on all products into the U.S. from Canada and Mexico, adding that the tariffs would “remain in effect” until the countries addressed the flow of drugs, such as fentanyl and illegal aliens across the borders. (Read more from “Ontario Imposes 25% Tariffs on Electricity Exports to U.S. In Response to Trump Planned Tariffs” HERE)
