electricity tariffs

Ford Suspends US Electricity Surcharge Amidst Tense Trade Talks

Following a productive conversation between Ontario Premier Doug Ford and U.S. Commerce Secretary Howard Lutnick, the planned 25% electricity export surcharge to the U.S. has been temporarily suspended. This decision came after President Trump announced a doubling of tariffs on Canadian steel and aluminum, escalating existing trade tensions. A meeting is scheduled in Washington D.C. to renegotiate the USMCA. Despite the temporary reprieve on electricity, the White House confirmed that the original 25% tariff on steel and aluminum will proceed, with further tariffs on other Canadian goods to follow.

US Election 2024

Ontario Slaps 25% Tariff on US Electricity Exports

In response to President Trump’s trade war, Ontario Premier Doug Ford announced a 25% electricity surcharge for 1.5 million American consumers in Minnesota, New York, and Michigan, generating an estimated $208,000-$277,000 CAD daily to support Ontario’s economy. This measure, despite a one-month tariff reprieve from the U.S., will remain in effect until all tariffs are removed, with Ford threatening a complete electricity shutdown if necessary. The surcharge adds approximately $69 CAD monthly to affected American bills and is in addition to Canada’s $21 billion in retaliatory tariffs. Ford also urged Alberta to impose an oil export tax, further escalating the trade conflict.

John Q. Hosedrinker Mar 10, 2025

electricity tariffs

Ford Suspends US Electricity Surcharge Amidst Tense Trade Talks

Ontario Slaps 25% Tariff on US Electricity Exports

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