Ontario Hits U.S. With 25% Electricity Price Hike in Trade Dispute/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Ontario has imposed a 25% price increase on electricity exports to the U.S., affecting 1.5 million customers in Minnesota, New York, and Michigan, in retaliation for Trump’s tariffs. Premier Doug Ford called the tariffs a “disaster for the U.S. economy” and vowed to keep Ontario’s surcharge in place despite Trump’s one-month tariff delay. The increase is expected to generate up to $400,000 CAD per day, with funds supporting Ontario businesses and workers. This move is part of Canada’s broader retaliation, which includes tariffs on U.S. goods like orange juice, coffee, and motorcycles.
Ontario’s Electricity Price Hike: Quick Looks
- Ontario raises electricity export prices by 25%, affecting 1.5 million U.S. customers.
- Targeted states include Minnesota, New York, and Michigan.
- Premier Doug Ford defends move, calling Trump’s tariffs a “disaster for the U.S. economy”.
- Tariff increase remains in place despite Trump’s one-month trade pause.
- Ontario expects to generate up to $400K CAD per day from surcharge.
- Funds will support Ontario businesses, workers, and families.
- Part of broader Canadian retaliation, which includes tariffs on U.S. orange juice, peanut butter, and motorcycles.
- Trump’s tariffs spark global backlash, with Canada, Mexico, and China hitting back.
Deep Look: Ontario Raises Electricity Prices on U.S. Exports in Retaliation for Trump’s Tariffs
Ontario Responds to Trump’s Trade War With Electricity Price Hike
As trade tensions escalate between the U.S. and Canada, Ontario Premier Doug Ford announced that electricity exports to the U.S. will increase by 25% starting Monday. The price hike will impact 1.5 million American customers in Minnesota, New York, and Michigan.
“President Trump’s tariffs are a disaster for the U.S. economy. They’re making life more expensive for American families and businesses,” Ford said in a statement.
The price hike is Ontario’s direct response to Trump’s tariffs, which have targeted Canada, Mexico, and China, triggering global economic uncertainty.
Tariff Impact and Ontario’s Strategy
Despite Trump announcing a one-month delay on some tariffs, Ford insists Ontario will not back down.
- The new policy requires all electricity exports to the U.S. to include a 25% surcharge.
- Ontario expects to generate between $300,000 CAD (US$208,000) and $400,000 CAD (US$277,000) daily.
- Funds will support Ontario businesses, workers, and families affected by U.S. trade policies.
“A one-month pause means nothing but more uncertainty,” Ford’s office stated.
Canada’s Broader Retaliation Against U.S. Tariffs
Ontario’s electricity price hike is part of Canada’s wider trade response. The federal government has already imposed $30 billion CAD (US$21 billion) in retaliatory tariffs on U.S. goods, including:
- Orange juice, peanut butter, and coffee
- Household appliances and footwear
- Cosmetics, motorcycles, and pulp and paper products
Global Fallout From Trump’s Tariff Policy
“We’ll stand strong, use every tool in our toolkit, and do whatever it takes to protect Ontario,” Ford declared.
With trade tensions rising, the economic impact on U.S. consumers and businesses remains uncertain.
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