March 10, 2025: Ontario's 25% Hike on U.S. Electricity Exports Escalates Trade Tensions Amid Tariff Dispute
In response to Trump’s 25% tariffs on Canadian imports, Ontario Premier Doug Ford raised electricity export prices to the U.S. by 25%, starting March 10. This will impact about 1.5 million Americans in states like Minnesota, New York, and Michigan. Ford warned that if tensions continue, Ontario could stop selling power to the U.S. altogether.
"They need to feel the pain. We aren’t going to be pushed around," Ford stated.
Impact on Businesses:
For Shippers: Higher electricity costs may drive up manufacturing and logistics expenses.
For Freight Brokers/Carriers: Supply chains could face delays and rising transportation costs, especially in regions reliant on Ontario’s power.
With trade tensions heating up, companies involved in cross-border shipping should brace for more disruptions and plan accordingly.