We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Ontario agrees to droop electrical energy surcharge forward of talks with US
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Michigan > Ontario agrees to droop electrical energy surcharge forward of talks with US
Michigan

Ontario agrees to droop electrical energy surcharge forward of talks with US

By Editorial Board Published March 11, 2025 3 Min Read
Share
Ontario agrees to droop electrical energy surcharge forward of talks with US

The federal government of Ontario on Tuesday backed off its menace to impose a surcharge on electrical energy to a few U.S. states amid broader commerce talks.

In a joint assertion from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the 2 leaders stated that they had a “productive conversation about the economic relationship between the United States and Canada.”

The 2 stated they’d meet in particular person in Washington on Thursday to debate a renewal of the U.S.-Mexico-Canada commerce settlement forward of reciprocal tariffs set to enter impact on April 2.

“In response, Ontario agreed to suspend its 25 percent surcharge on exports of electricity to Michigan, New York and Minnesota,” Ford and Lutnick stated.

President Trump earlier Tuesday had threatened to double deliberate metal and aluminum tariffs on Canada starting Wednesday, citing Ontario’s resolution to place a cost on electrical energy exports.

A White Home spokesperson confirmed that Trump would not comply with by way of on that menace, though beforehand introduced 25 p.c tariffs on metal and aluminum imports would nonetheless go into impact.

“President Trump has as soon as once more used the leverage of the American financial system, which is the very best and largest on the earth, to ship a win for the American folks,” White Home spokesperson Kush Desai stated in an announcement. “Pursuant to his previous executive orders, a 25 percent tariff on steel and aluminum with no exceptions or exemptions will go into effect for Canada and all of our other trading partners at midnight, March 12th.”

Trump stated Ford had been a “gentleman” in talks with the administration.

The USA in 2024 imported extra metal and aluminum from Canada than from every other nation.

Trump earlier Tuesday had additionally threatened further tariffs in opposition to Canada within the coming weeks, pointing to plans for his administration to impose reciprocal tariffs starting April 2 on all international locations with duties on U.S. merchandise. These included tariffs on vehicles, which Trump claimed would “essentially, permanently shut down the automobile manufacturing business in Canada.”

The president earlier this month introduced 25 p.c tariffs on imports from Canada and Mexico, although he has introduced one-month exemptions for automobile elements and different items that fall beneath the U.S.-Mexico-Canada commerce settlement signed in 2020 throughout his first time period.

The uncertainty round Trump’s tariff plans have led to a downturn within the inventory market, and the president has not dominated out the risk of a recession this yr.

Whereas markets briefly rebounded on Tuesday, then ended properly within the pink once more. The Dow Jones was down 478 factors or 1.13 p.c for the day.

— Up to date at 4:22 p.m. EDT

TAGGED:agreesaheadelectricityOntariosurchargeSuspendTalks
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Eastbound I-96 exit ramp to M-99 to shut in Ingham County

Eastbound I-96 exit ramp to M-99 to shut in Ingham County

Michigan
August 3, 2025
UCLA’s Tino Sunseri vying to make kid’s play out of successful with new quarterback

UCLA’s Tino Sunseri vying to make kid’s play out of successful with new quarterback

Tino Sunseri is spending the subsequent two weeks in Costa Mesa whereas a big chunk…

August 3, 2025
Police arrest suspect after chase, two house invasions in Meridian Twp.

Police arrest suspect after chase, two house invasions in Meridian Twp.

LANSING, Mich. (WLNS) — The Meridian Township Police Division arrested a suspect on Friday following…

August 3, 2025
Dan Ardell did a uncommon feat in his transient Angels profession. But it surely didn’t outline his life

Dan Ardell did a uncommon feat in his transient Angels profession. But it surely didn’t outline his life

The second in an occasional sequence of profiles on Southern California athletes who've flourished of…

August 3, 2025
NEOCONS Surrounding Trump Administration | Economics

NEOCONS Surrounding Trump Administration | Economics

I've written on to members of the Trump Administration and obtained no reply. While you…

August 3, 2025

YOU MAY ALSO LIKE

Housing advocates argue three months 'not real looking' for these in encampment to discover a place to reside

LANSING, Mich. (WLNS) -- The Metropolis of Lansing says it's working with housing advocates and state officers to search out…

Michigan
August 2, 2025

'It’s Jackson': Michigan state lawmakers purpose to revive Cascades in Jackson

JACKSON, Mich. (WLNS) -- The historic Cascade Falls, one in every of Jackson's most iconic landmarks, might quickly obtain a…

Michigan
August 2, 2025

Really feel Good Friday: Michigan girl overcomes stage 4 most cancers prognosis

LANSING, Mich. (WLNS) -- Ashley Fox of mid-Michigan resides proof that miracles can occur. Simply two years in the past,…

Michigan
August 1, 2025

'Blow to public media': WKAR GM addresses Corp. for Public Broadcasting closure

LANSING, Mich. (WLNS) -- Friday, the Company for Public Broadcasting (CPB) introduced it was starting to close down in mild…

Michigan
August 1, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?