Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge
President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, Minnesota and Michigan.
Local residents brace for potential electric bill hike as Ontario imposes 25% tariff on power exports
According to the New York Independent System Operator, New York imported nearly 4 billion kilowatt hours of electricity from Ontario in 2023, enough to power approximately 370,000 average American homes.
But Trump announced time was up on March 3, and the tariffs went into effect overnight. Stock markets slipped, Canada ordered ...
Ontario’s premier said the tariff would remain in place despite the one-month reprieve from President Trump, noting a ...
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