- cross-posted to:
- news@lemmy.world
- politics@lemmy.world
- cross-posted to:
- news@lemmy.world
- politics@lemmy.world
Summary
Ontario Premier Doug Ford warned that Canada could cut electricity exports to the U.S. in retaliation for Donald Trump’s new tariffs on Canadian goods.
The U.S. imposed a 25% tariff on most Canadian imports, citing border security concerns. Ford emphasized that U.S. states like New York and Michigan rely on Canadian energy and should “feel the pain.”
Canadian officials also announced $155 billion in counter-tariffs.
If enacted, energy restrictions would likely raise prices in the U.S., escalating trade tensions between the two countries.
Don’t announce it, just do it and observe the panic…and then the begging for it to come back but with a 25% hike in prices.