By Gwurld4026 
Ontario’s Electricity Surcharge Sparks Controversy
President Trump has intensified trade tensions with Canada by labeling the nation a “tariff abuser” following Ontario Premier Doug Ford’s decision to impose a 25% surcharge on electricity exports to the U.S. states of New York, Michigan, and Minnesota.
In response, Trump announced plans to double existing tariffs on Canadian steel and aluminum imports from 25% to 50%, effective March 12, 2025.
These developments have raised concerns about potential economic repercussions, including increased energy prices in affected U.S. states and broader implications for the North American economy.
Economists warn that the escalating trade war could lead to higher consumer prices and a possible recession, with Goldman Sachs downgrading its growth forecast and increasing the likelihood of an economic downturn.