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 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.
Ontario Premier Doug Ford has promised to fight back against Donald Trump's steep tariffs on Canadian goods and energy. Ford is positioning himself as Canada's staunchest defender in the escalating trade war,
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.
“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.”
Newly re-elected Premier Doug Ford doubled down Monday on his threat to cut off electricity flowing from Ontario to several American states if the U.S. moves ahead with tariffs.
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