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You are at:Home»Business»Ontario Premier to suspend the supplement on electricity in Michigan, New York and Minnesota
Business

Ontario Premier to suspend the supplement on electricity in Michigan, New York and Minnesota

March 12, 2025004 Mins Read
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Ontario Prime Minister Doug Ford acts “blatant” and “insulting” with his threat to cut the electricity to the Americans on prices, says the White House.

The Prime Minister of Ontario, CanadaDoug Ford, agreed to suspend its 25% supplement on electricity exported to Michigan, Minnesota and New York.

Ford and US Secretary to Trade Howard Lutnick made a joint statement on the issue on Tuesday, saying the two had a productive conversation on the economic relationship between the United States and Canada.

“Secretary Lutnick agreed to officially meet Prime Minister Ford in Washington on Thursday, March 13, in parallel with the US trade representative, before discussing a reciprocal deadline for USMCA (United States-Mexico-Mexico). Minnesota.”

The agreement came after the president Donald Trump Threatened with imposing other rates on Canadian steel, aluminum, electricity and vehicles on Tuesday.

Trump threatens other rates on Canadian steel, aluminum, electricity, vehicles

Trump responded to Ford’s decision by reversing a threat to double a 25% to 50% rate on Canadian steel and aluminum.

“After President Trump threatened to use his executive powers to retaliate with a colossal rate of 50% against Canada, Ontario Prime Minister Doug Ford was maintained with Secretary Lutnick to reveal that he is retreating on the implementation of a 25% load on electricity exports to the United States,” said the White House spokesperson. “President Trump has again used the lever effect of the American economy, which is the best and greatest in the world, to offer a victory to the American people.”

However, Desai added that Trump still plans to impose a 25% rate on steel and aluminum products, which will come into force for Canada and other business partners at midnight, March 12.

In response to Ontario placing a 25% price on electricity in the United States, Trump said that he had asked Libnick to add another 25% rate on all steel and aluminum in the United States of Canada. The new 50% price was to come into force on Wednesday morning.

Trump made the announcement on social truth, considering Canada ” Tariff nations All over the world. “”

Canadians feel `under economic attack ”, frustration towards us on Trump’s prices, annexation conference: Ambassador

Doug Ford announces electricity prices from the United States in Canada

Ontario Prime Minister Doug Ford made comments at a press conference in Queen’s Park on Monday in Toronto, Canada. Ford announced that the provincial government has applied 25% overload on all electricity exports to the United States in the context of reprisals (Images Katherine Ky Cheng / Getty / Getty Images)

Ford imposed 25% rates on electricity exports from the Canadian province to the US states of Michigan, New York and Minnesota on Monday.

Addressing journalists in front of a podium that read “Canada is not for sale”, Ford said that the supplement would cost families and businesses in these states up to $ 400,000 each day. On average, the Prime Minister of Ontario said that he would add about $ 100 per month to “workers’ bills”.

Trump says he interrupted certain prices to “help” Mexico and Canada to “certain extent”

Trump and Lutnick answer the journalist's questions

President Donald Trump threatened to impose prices on Canadian steel, aluminum, electricity and vehicles. (Images Andrew Harnik / Getty / Getty Images)

“Let me be clear: I will not hesitate to increase this charge,” said Ford at the time of the announcement. “If necessary, if the United States degenerates, I will not hesitate to close the electricity completely. Believe me when I say that I do not want to do it. I feel terrible for the American people because it is not the American people who started this trade war. It is a person who is responsible. It is President Trump.”

Get Fox Affairs on the move by clicking here

In a follow-up later Tuesday, Trump asked: “Why would our country allow another country to provide us with electricity, even for a small area?” “Who made these decisions, and why,” added Trump. “And can you imagine that Canada is looking so low than using electricity, which affects the life of the innocent people, as a negotiation currency and threatening? They will pay a financial prize for this great that it will be read in history books for many years to come!”

Danielle Wallace of Fox Business contributed to this report.

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