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Ontario imposes 25% levy on US-bound electricity in retaliation for Trump's tariffs.

(Mar 10, 2025)
Ontario imposes 25% levy on US-bound electricity in retaliation for Trump's tariffs. The move impacts 1.5M customers in NY, MI, & MN, generating $300K-$400K daily & costing customers an extra $100/month. Ford warns surcharge could rise if trade war escalates.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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