That is because Canada has put 25% electricity tariffs on exports to Minnesota, Michigan, and New York. This comes despite a one-month reprieve from President Donald Trump.
Minnesota is a target in President Trump's trade war. On Monday, Ontario, Canada slapped a 25% surcharge on all electricity exports to our state and two others.
Premier Doug Ford warned that he was prepared to cut off power exports to the three states entirely as long as President Trump’s tariff threats remain.
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FOX 9 Minneapolis-St. Paul on MSNMinnesota energy experts react to Ontario’s new tariffsTrade relations between the United States and Canada are worsening, and Minnesota is now one of three states caught in the middle.
Ontario Premier Doug Ford ordered the Independent Electricity System Operator to implement a $7-per-megawatt-per-hour fee.
Minnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario​ if President Trump's ongoing tariff war doesn't end by Monday.
However, the company gets 11% of its power from neighboring Manitoba, which would be exposed to the Trump administration’s 10% tariff on electricity imports into Canada.
Canadian leaders have pledged retaliatory efforts against tariffs imposed by President Trump, such as blocking electricity exports.
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