President Donald Trump’s ongoing tariff attack, Ontario Premier’s vengeance Dug Ford Monday announced 25 percent more power tariffs to 1.5 million Americans as Ontario provides electricity to Minnesota, New York and Michigan. “I will not hesitate to increase this charge. If the United States grows, I will not hesitate to completely shut down the power, ”Ontario Premier Doug Ford said at a news conference in Toronto.
“I believe when I say that I do not want to do this. I feel terrible for those American people who did not start this trade war. It is a person who is responsible, it is President Trump. ,
Despite a month’s recurrence of Donald Trump for tariffs in the electric tariff Canada, Dog said that a month’s break does not mean anything, but nothing but more uncertainty.
Ontario is already leading a tariff war by banning American liquor, canceling a government contract with Elon Musk’s Starlink.
Amidst the ongoing tariff war, the stock market fell again on Monday as the average of Dow Jones was more than 550 points or more than 1.3 percent after noon on Monday.
The US is Canada’s only trading partner for electricity, and Canadian and US Electrical grids are highly integrated. In 2023, pure electricity exports from Canada to the US were 27.6 terravat hours and mostly came from the provinces of Manitoba, Ontario, British Columbia and Cubec, The Hill described the Canadian energy regulatory data.
Ford’s office stated that the US needs any generator selling power to add 25% overload to the rules of the new market. Ontario’s government hopes that this will generate a revenue of $ 400,000 ($ 277,000) per day to generate $ 300,000 Canadian dollars ($ 208,000), “which will be used to support Ontario workers, families and businesses.”
Trump launched a new phase of his tariff attack against Mexico, Canada and China. Later, he announced a one -month stay as the situation quickly spirals for worse.
Ford said that Trump changed his mind every day, but if he continues to attack Canada, he will do everything to maximize the pain. “Republican, at least I do not agree with President Trump, but they are very afraid to go there and say it publicly,” Ford said. “It’s ashamed but we need to end it.”
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