Trump, Canada and Tariff
2don MSN
Shared celebrations and hockey rivalries give way to ‘Buy Canadian’ labels as International Falls and Fort Frances face an unexpected chill
However, the company gets 11% of its power from neighboring Manitoba, which would be exposed to the Trump administration’s 10% tariff on electricity imports into Canada.
Canadian leaders have pledged retaliatory efforts against tariffs imposed by President Trump, such as blocking electricity exports.
Ontario Premier Doug Ford said that his province is prepared to add a 25% surcharge on the electricity it exports to Michigan.
Ontario is levying a 25% export tax on electricity and has threatened to cut off electricity sales to the U.S. completely if Trump moves forward with another round of tariffs on April 2.
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