Canada threatens power surcharge for Minnesota
CBS Minnesota on MSN1d
How Canada’s proposed energy tariff could impact MinnesotansMinnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario.
1don MSN
Shared celebrations and hockey rivalries give way to ‘Buy Canadian’ labels as International Falls and Fort Frances face an unexpected chill
Canadian leaders have pledged retaliatory efforts against tariffs imposed by President Trump, such as blocking electricity exports.
CANNON FALLS, Minn. — On the same day President Donald Trump’s 25% tariffs on imports from Canada and Mexico went into effect, Minnesota Gov. Tim Walz and Minnesota Agriculture Commissioner Thom Petersen visited a corn and soybean farm in southeast Minnesota to highlight the impact a trade war would have on the state’s farmers.
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.
Minnesota companies were assessing the damage Tuesday of the nascent trade war between the United States and its three biggest trade partners, an escalating tit-for-tat that could affect billions of dollars in state imports and exports.
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