Summary
Ontario will impose a 25% surcharge on electricity exports to New York, Michigan, and Minnesota starting Monday in retaliation for Trump’s tariffs on Canadian goods.
Premier Doug Ford warned U.S. governors and vowed to maintain the surcharge until all tariffs are lifted.
Canada has already imposed $30 billion in retaliatory tariffs, with more planned.
Ford also threatened to cut power to the states by April and banned U.S. firms from bidding on Ontario contracts. A $100M SpaceX deal for rural internet was also scrapped in response.
Since Trump wants to complain about the trade deficit, Canada should cap exports to be equal to imports from the US. Poof no more trade deficit.