And pledges to destroy Canadian auto industry in response to Canadian decision to tax U.S. electricity consumers.
Pledging never to relent and to destroy President Trump, Ontario Premier Doug Ford placed a 25% tariff on all electricity delivered to the United States. After announcing the tariff Ford said, “It needs to end. Until these tariffs are off the table, until the threat of tariffs is gone for good, Ontario will not relent,” Ford said.
President Trump made the following announcements:
(The last half of that statement is some of Trump’s poopoo about Canada becoming the 51st state which I, personally find ridiculous.)
As previously noted, President Trump has a massive amount of economic leverage he can bring to bear on Canada from multiple simultaneous sectors, including autos, banking and finance.
Canada has a very small number of economic responses that can be triggered against the USA; however, some of their initial retaliatory effort is not tariffs but rather full-blown Canadian import bans of certain US products.
Minnesota Power bought only about $300,000 worth of electricity from Ontario last year, and only for four months out of the year. The utility serves over 150,000 customers, mostly with power it generates itself in Minnesota.
Matt Helms, public information of officer for the Michigan Public Service Commission, said the impact on Michigan customers is likely to be “small” and most of Michigan’s electricity is produced by utility companies in the state or through long-term contracts.
https://theconservativetreehouse.com/blog/2025/03/11/in-response-to-canadian-decision-to-tax-u-s-electricity-consumers-president-trump-raises-tariff-on-canada-to-50-percent-and-pledges-to-destroy-canadian-auto-industry/
Now we find out who blinks first. Any bets?
ReplyDeleteThey're already trying to recover from backing up the first time. They have just announced increased tariffs on steel and aluminum. We'll see where that gets 'em. We do need to up our game on our own steely manufacturing quickly though.
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