Ontario, the most populous province in Canada, adds a 25% supplement to all electricity exports sent to the United States as part of the Trump administration’s prices on Canadian products.
The 25% supplement will be in effect since March 10 and will affect consumers and companies in Michigan, Minnesota and New York, the province said on Monday statement. The new costs will add up to $ 400,000 in Canadian dollars ($ 277,000) in daily costs for 1.5 million American houses and businesses, she added.
Ontario Prime Minister Doug Ford estimated that he will add about $ 100 CA, $ 69 per month, to the bills of each affected American.
On March 8, Ford told ED O’Keefe de CBS News that President Trump’s pricing plan created “mass chaos” and added that a trade war between the United States and Canada was “unacceptable”. During the interview, he also said that even if he had an excellent relationship with the governments of Michigan, Minnesota and New York, he planned to impose an additional 25% on energy products from March 10, unless the commercial dispute ends.
“President Trump’s prices are a disaster for the American economy. They make life more expensive for American families and businesses,” Prime Minister Doug Ford said in the press release on Monday. “Until the threat of prices has disappeared for good, Ontario will not back down. We will stay strong, use all the tools in our toolbox and do everything you need to protect Ontario.”
Michigan’s public service committee said on Monday, said it was concerned about surcharge, “including price and reliability concerns”.
“Although the vast majority of Michigan electricity is produced by public electricity services or bought under long -term electricity contracts, the taxation of these prices could have a certain impact on prices on the regional energy markets, although the ultimate impact on Michigan customers is probably low,” the regulatory agency said in a press release.
Mr. Trump’s 25% tariffs on imports from Canada and Mexico came into force last week, although he said he said he said would delay The samples of one month, until April 2. On Monday, Ford said that Ontario’s electricity supplement would remain in place despite the stay of a month of Trump, noting a break of one month means nothing but uncertainty.
On March 8, Ford told CBS News that Trump said “an economic war against his closest friends.”
The Ford office said that new market rules require any generator to sell electricity in the United States to add an additional 25%. The Ontario government is expecting it to generate turnover revenues of $ 300,000 ($ 208,000) to turnover of $ 400,000 ($ 277,000) per day, “which will be used to support workers, families and businesses in Ontario”.
The new supplement is added to the first CAs of $ 30 billion ($ 21 billion) in reprisals in Canada have been applied to items such as American orange juice, peanut butter, coffee, household appliances, shoes, cosmetics, motorcycles and certain dough and paper products.
