On Tuesday, the Ontario government walked back its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks.
In a joint statement from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the two leaders said they had a “productive conversation about the economic relationship between the United States and Canada.”
The two said they would meet in person in Washington on Thursday to discuss a renewal of the U.S.-Mexico-Canada trade agreement ahead of reciprocal tariffs set to go into effect on April 2.
“In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota,” Ford and Lutnick said.
President Trump earlier Tuesday had threatened to double planned steel and aluminum tariffs on Canada beginning Wednesday, citing Ontario’s decision to put a charge on electricity exports. A White House official did not immediately respond to a request for comment about whether he would still carry out that threat.
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