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Shared celebrations and hockey rivalries give way to ‘Buy Canadian’ labels as International Falls and Fort Frances face an unexpected chill
CBS Minnesota on MSN2d
How Canada’s proposed energy tariff could impact MinnesotansMinnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario.
Ontario's leadership threatened with an additional surcharge for electricity they export to a few neighboring U.S. states.
Ontario Premier Doug Ford said that his province is prepared to add a 25% surcharge on the electricity it exports to Michigan.
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.
Tariffs from the Trump administration are set to go in effect on Tuesday. Canada and Minnesota do over $21 billion in trade every year.
The tariffs on imports from Mexico, Canada and China by President Donald Trump could have far-reaching consequences for consumers in Minnesota.
Minnesota companies were assessing the damage Tuesday of the nascent trade war between the United States and its three biggest trade partners, an escalating tit-for-tat that could affect billions of dollars in state imports and exports.
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