Ontario, Canada's most populous province, announces a 25% hike in electricity export tariffs for nearly 1.5 million American consumers in Minnesota, New York, and Michigan.
By Aniket Chakraborty
Mar 11, 2025
The move is a direct retaliation against U.S. President Donald Trump's decision to impose import tariffs on Canadian goods and energy.
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Revised electricity prices will take effect immediately, with Ontario Premier Doug Ford warning of further escalation if the U.S. continues its trade policies.
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Ford emphasizes that the tariff hike is a response to Trump's actions, stating, "It’s one person who is responsible, it’s President Trump."
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1. The province expects to generate between CA 300,000 to CA 400,000 daily from the increased tariffs, which will support Ontario workers, families, and businesses.
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Ontario's decision adds to Canada's federal government's $21 billion worth of retaliatory tariffs on U.S. products.
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Ford vows to maximize economic pressure on the U.S., stating Ontario will not relent until U.S. tariffs are permanently removed.
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The trade dispute has sparked fears of inflation and economic downturn, with Trump temporarily suspending tariffs on most Canadian imports for a month.
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Ford expresses sympathy for American consumers affected by the trade war, blaming Trump for initiating the conflict.
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The escalating trade tensions highlight the growing strain in U.S.-Canada relations, with both sides refusing to back down.