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Canada suspends electricty tax on US states

( March 11, 2025, 19:26 GMT | Official Statement) -- MLex summary: Ontario, Canada Premier Doug Ford said he will suspend the 25 percent tax on electricity exports to the US states of New York, Minnesota and Michigan. Ford said in a statement on X that he spoke with US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer to discuss the United States-Mexico-Canada trade deal and reciprocal tariffs that President Donald Trump has threatened. Ford's move comes just hours after Trump said he would double steel and aluminum prices tomorrow on Canada to 50 percent.Statement follows below:...

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