New England is particularly reliant on fuel and other energy imports from Canada. Trump imposed a 10% tariff on that sector, instead of the full 25% tax other industries are facing. But experts say even that additional cost is still likely to be passed on to consumers.
Ontario’s leader said he will add a 25% export tax on electricity sent to New York and other states in retaliation for Trump’s tariffs. Ontario provides 2,500 of the 4,600 megawatts of capacity that New York draws upon from Canada, the NYISO reports.
With Canada supplying a significant portion of the electricity, refined petroleum, and natural gas used in New England, many experts agree that consumers will likely bear the brunt of Trump’s tariff.
A powerful storm will target the Northeast, bringing widespread impacts.Click here for a new, updated story - Major New Winter Storm Will Unleash Damaging Winds, Thunderstorms: Here's TimingThe system is due to arrive Wednesday afternoon,
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