Ontario Hikes US States’ Electricity Prices in Trade Retaliation

A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’stariffs.

Ontario directed its grid operator, the Independent Electricity System Operator, to add a C$10 ($7) per megawatt-hour surcharge to all power exported to Minnesota, Michigan and New York.

“Believe me when I say I don’t want to do this. I feel terrible for the American people,” Premier Doug Ford said. “It’s one person who is responsible. That’s President Donald Trump.”

Ford promised the levy last week after US tariffs ...