Ontario suspended its 25% tariff on electricity exports to the United States a day after it took effect, said Ontario's electricity operator.

Canadian ministers, Ontario premier to meet with Lutnick as tariff fight continues

15 hrs ago

Ontario suspended its 25% tariff on electricity exports to the United States a day after it took effect, according to Ontario’s Independent Electricity System Operator. After a reportedly productive discussion between Ontario Premier Doug Ford and U.S. Secretary of Commerce Howard Lutnick, Ontario suspended its export tariff.

In a letter to the IESO, Minister of Energy Stephen Lecce stated that Ontario could reinstate the export tariff at any time. Trump threatened to declare a national emergency on electricity, and ClearView analysts reported on his indifference to market-based accountability.

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‘Just say thank you’: Lutnick says Canada is acting like Ukraine in Trump negotiations

National Post

Ontario Premier backs down from 25% energy surcharge in response to Trump tariffs

WRGB

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