Ontario will tariff electricity going to 3 US states on Monday, premier says

Ontario Premier Announces Tariffs on Electricity to U.S. States in Response to Trump’s Trade Policies

Ontario Premier Doug Ford announced that Ontario will impose a 25% tariff on electricity exports to Michigan, New York, and Minnesota. This decision comes as a countermeasure to President Trump’s recent trade policy changes that have affected Canada. Ford expressed his concerns during an interview on Fox Business Network’s “The Claman Countdown.”

“I love Americans. I’ve spent 20 years of my life there. But we have to take a stand. Starting Monday, we will implement a 25 percent tariff on electricity heading to these three states,” Ford stated.

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Ford criticized President Trump’s approach to international economics, describing it as chaotic and counterproductive. “He promised lower costs, lower inflation, and more jobs. Unfortunately, the reality is quite the opposite,” Ford remarked.

He also highlighted the broader impact of these tariffs, indicating that they would not only affect the job market but also lead to inflation. “People are going to lose their jobs in both the U.S. and Canada, and inflation is already a problem,” he added.

Ford used a vivid metaphor to describe the current market situation, saying, “The market is going downhill quicker than the American bobsled team right now, and it’s unacceptable.”

The Ontario Premier also expressed concern for families affected by these policies. “The situation he has put American families in, Canadian families, and families around the world, it’s just going to hurt,” Ford continued.

The announcement follows Trump’s imposition of a 25% tariff on most imports from Canada and Mexico earlier in the week, which he then paused for a month. In response, both countries, along with China, have threatened to impose reciprocal tariffs.

The expected rise in costs for businesses that outsource production could also lead to higher prices for consumers. The White House and the governors of Michigan, New York, and Minnesota have yet to respond to these developments.