Canada S Ontario Imposed 25 Power Percent Tariff On America Threatens like donald trump to cut off us power supply amid trade war

Canada-as trade war: Business tension has increased further after US President Donald Trump’s decision to implement heavy tariffs on Canada, Mexico and China. In response, Ontario province of Canada announced a 25% fee on electricity to be exported to the US.

Actually, electricity is supplied to 1.5 million American consumers from Ontario to New York, Minnesota and Michigan. Ontario’s premiere Dug Ford said in clear terms that if the US increased the tariff, they can completely shut down the power supply to the US.

‘If you increase the tariff, you will do power’

Doug Ford said, “If America increases its tariff, I will not hesitate to completely shut down electricity.” Ford also said that he feels bad for American citizens, as he did not start this trade war, but only one person President Trump is responsible for it.

Ontario will get financial benefits
The new electricity rates will generate an additional revenue of CA $ 300,000 per day to CA $ 400,000 ($ 208,000 – $ 277,000 USD) per day. This money will be used to support Ontario workers, families and businesses. This tariff will be in addition to a $ 21 billion counterfeit tariffs planted by the federal government on US products.

American Tariff and Ford’s response
Donald Trump had announced 25% tariffs on Canada and Mexico and 10% on China, increasing the possibility of inflation and economic recession. Mexico, Canada and China retaliated immediately. Ford demanded the withdrawal of tariffs from Trump and warned that Ontario will not back down until these fees are completely finished. He said, “I will do anything to give maximum pain to Americans, because Trump changes his stance every day and attacking Canada.”

Explain that the growing trade tension between the US and Canada has affected the trade and energy relations of the two countries. 25% of Ontario’s electricity fee is being considered a tough answer against Trump’s tariff. If this dispute progresses, it can affect the economic relations between the US and Canada.

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