Ontario raises 25% tax on electricity exports to US over Trump trade war

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Ontario raises 25% tax on electricity exports to US over Trump trade war - Business Standard

Quick Summary:

Ontario's premier, the leader of Canada's most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to US President Donald Trump's trade war.

If the United State escalates, I will not hesitate to shut the electricity off completely, Ontario Premier Doug Ford said at a news conference in Toronto.

Ford said Ontario's tariff would remain in place despite the one-month reprieve from Trump, noting a one-month pause means nothing but more uncertainty.