(The Guardian) Ontario premier orders 25% surcharge for electricity shipped to US states – report
Ontario premier Doug Ford told the Wall Street Journal that in retaliation for Donald Trump’s tariffs, he has ordered a 25% export tax on electricity his province’s producers send to Minnesota, New York and Michigan.
“President Trump underestimates the Canadian people,” Ford told the Journal, adding that he will shut down power exports entirely if Trump makes good on his promise to impose further tariffs next month. He further noted that the US defense industry gets 50% of its nickel, a critical mineral, from Ontario, and threatened to stop that trade as well.
“He’s going to wake up real quickly about our critical minerals,” Ford said.
Trudeau calls tariffs on Canada 'a very dumb thing to do'
In a speech to Canadians, prime minister Justin Trudeau directly addressed Donald Trump, saying that his decision to impose tariffs on one of the United State’s top trading partners is “a very dumb thing to do”.
“Now, it’s not in my habit to agree with the Wall Street Journal, but Donald, they point out that even though you’re a very smart guy, this is a very dumb thing to do. We two friends fighting is exactly what our opponents around the world want to see,” said Trudeau.
The prime minister added that he would challenge the US tariffs at the World Trade Organization and through the free trade agreement covering the two countries. Canada has already retaliated with tariffs on $30bn Canadian dollars of US goods, and threatened to impose levies of $125bn Canadian dollars in 21 days’ time.
“Our tariffs will remain in place until the US tariffs are withdrawn, and not a moment sooner. And should these tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures, measures which will demonstrate that there are no winners in a trade war,” Trudeau said.
Ontario premier Doug Ford told the Wall Street Journal that in retaliation for Donald Trump’s tariffs, he has ordered a 25% export tax on electricity his province’s producers send to Minnesota, New York and Michigan.
“President Trump underestimates the Canadian people,” Ford told the Journal, adding that he will shut down power exports entirely if Trump makes good on his promise to impose further tariffs next month. He further noted that the US defense industry gets 50% of its nickel, a critical mineral, from Ontario, and threatened to stop that trade as well.
“He’s going to wake up real quickly about our critical minerals,” Ford said.
Trudeau calls tariffs on Canada 'a very dumb thing to do'
In a speech to Canadians, prime minister Justin Trudeau directly addressed Donald Trump, saying that his decision to impose tariffs on one of the United State’s top trading partners is “a very dumb thing to do”.
“Now, it’s not in my habit to agree with the Wall Street Journal, but Donald, they point out that even though you’re a very smart guy, this is a very dumb thing to do. We two friends fighting is exactly what our opponents around the world want to see,” said Trudeau.
The prime minister added that he would challenge the US tariffs at the World Trade Organization and through the free trade agreement covering the two countries. Canada has already retaliated with tariffs on $30bn Canadian dollars of US goods, and threatened to impose levies of $125bn Canadian dollars in 21 days’ time.
“Our tariffs will remain in place until the US tariffs are withdrawn, and not a moment sooner. And should these tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures, measures which will demonstrate that there are no winners in a trade war,” Trudeau said.