Canada backs down from 25% electricity surcharge after Trump threats

Read more at NBC News
Topics
-
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - 1d -
Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge
President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, ...NBC News - 17h -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 11h -
What does Ontario's electricity surcharge mean for New York?
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...CBS News - 1d -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - 1d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 1d -
Ontario's Ford suspends U.S. electric surcharge after Lutnick agrees to trade talks
President Donald Trump has said he will impose a 25% tariff on goods imported from Canada beginning April 2.CNBC - 11h -
Trump on Canadian electricity surcharge: 'We'll just get it all back on April 2'
President Trump seemingly brushed off the recent electricity surcharge placed on the U.S. by Ontario, accusing Canada of being a tariff "abuser" and claiming the U.S. would get the money back when ...The Hill - 18h -
Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 10h -
Ontario agrees to suspend electricity surcharge ahead of talks with US
The government of Ontario on Tuesday backed off its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford ...The Hill - 14h -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 18h -
Ontario is tacking on a 25% surcharge to electricity sent to the U.S.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.CBS News - 1d -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - 1d -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 9h -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 18h -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - 12h -
U.S. makes concession, dropping additional 25 percent tariff on steel & aluminum: Ontario premier
Ontario Premier Doug Ford joins Meet the Press NOW to discuss his decisions to lift the 25% surcharge on electricity exports after speaking with Commerce Secretary Howard Lutnick. It comes after ...NBC News - 12h -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 1d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - 16h -
Canada’s designated PM Mark Carney meets Trudeau as Trump threat looms
Former central banker won landslide victory in Liberal party race as trade war with US hastens transfer of power. Canada ’s incoming prime minister, Mark Carney, has met with Justin Trudeau as ...The Guardian - 1d -
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 10h -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 12h -
Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for ...MarketWatch - 8h -
Tariffs could impact longstanding electricity trade between US and Canada
The tariffs the Trump administration is imposing on Canada could disrupt the longstanding trade of electricity between the two countries.ABC News - 13h -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - 15h -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - 1d -
Canada’s New PM Tells Trump: If Want a Fight, We’ll Kick Your Butt
Former central banker Mark Carney has managed the financial crisis and Brexit. He’s not backing down from a trade war with the U.S.Inc. - 1d -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 16h -
Misty Copeland Is Not Backing Down From DEI Amid Trump Pushback
The boundary-breaking ballet dancer and serial entrepreneur says this debate is not about acronyms. It’s about peoples’ lives.Inc. - 1d -
Trump Intensifies ‘51st State’ Threats in Attack on Canada
The U.S. president on Tuesday reiterated his claims on Canada’s territory as he increased tariffs, threatening to bring the country’s economy to its knees.The New York Times - 8h -
Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 16h -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - 4d -
Watch: 'Canada will never, ever be part of America', incoming PM says
Mark Carney says threats from Washington threaten Canada's way of live.BBC News - 1d -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 8h -
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.The New York Times - 2d -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.The New York Times - 3d -
How Trump's threats have revived Canada's Liberal Party
Justin Trudeau's party was headed for near-certain defeat - until the US president said he wanted to make Canada the 51st state.BBC News - 3d -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 10h
More from NBC News
-
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 10h -
House narrowly passes six-month funding bill as shutdown deadline nears
Speaker Mike Johnson and House Republicans voiced confidence that they can push through a stopgap funding bill and avert a government shutdown at the end of this week.NBC News - 15h -
Ukraine agrees to Trump’s 30-day ceasefire plan
During talks in Saudi Arabia, Ukraine agreed to President Trump’s plan for a 30-day ceasefire for the war in Ukraine. Trump said that he will now speak to Russia’s president Putin. The U.S. will ...NBC News - 9h -
NASA’s SPHEREx, PUNCH missions launch on Falcon 9 rocket
Launching on a SpaceX rocket from Vandenberg Space Force Base in California, SPHEREx will map 450 million galaxies and could help unravel what happened after the Big Bang, while PUNCH will make ...NBC News - 4h -
Wife details arrest of Palestinian activist Mahmoud Khalil as judge blocks deportation
The wife of Palestinian activist Mahmoud Khalil said she and her husband were returning to their apartment after breaking their Ramadan fast when immigration agents confronted them and arrested ...NBC News - 19h
More in Top stories
-
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 8m -
EU retaliates after Trump tariffs, announcing duties on US goods
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 22m -
Upset in Greenland parliamentary elections as center-right party wins
Greenland parliamentary elections produced an upset win by a party favoring gradual independence from Denmark. President Trump openly covets the vast island.CBS News - 27m -
Essex Boys killer Michael Steele's release blocked
Justice Secretary Shabana Mahmood wants the Parole Board to reconsider the release of the convicted triple killer.BBC News - 31m -
Louisiana woman pleads not guilty to a felony in historic abortion case
A Louisiana woman pleads not guilty Tuesday to a felony, after allegedly getting abortion pills from a New York doctor and giving them to her teenage daughter to terminate a pregnancy.NBC News - 33m