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Breaking: Ontario suspends 25% surcharge on electricity exports after Trump threatened higher tariffs in escalating trade war

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Tue Mar 11 2025

Ontario suspends electricity tariff after Trump escalates trade war

U.S. President Donald Trump speaks to reporters aboard Air Force One on his return to Washington, D.C., U.S., March 9, 2025. REUTERS/Kevin Lamarque

Trump said he would increase from 25% to 50% tariffs taking effect Wednesday for Canada after Ontario said it would raise electricity prices on U.S.

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