Shared celebrations and hockey rivalries give way to ‘Buy Canadian’ labels as International Falls and Fort Frances face an unexpected chill

However, the company gets 11% of its power from neighboring Manitoba, which would be exposed to the Trump administration’s 10% tariff on electricity imports into Canada.

Minnesota, along with Michigan and New York, are at risk of getting slapped with a 25% surcharge for electricity from Ontario.

Ontario Premier Doug Ford said that his province is prepared to add a 25% surcharge on the electricity it exports to Michigan.

Tariffs from the Trump administration are set to go in effect on Tuesday. Canada and Minnesota do over $21 billion in trade every year.

The tariffs on imports from Mexico, Canada and China by President Donald Trump could have far-reaching consequences for consumers in Minnesota.

Economist John Spry predicts with the new Trump tariffs, the price is going up. “Roughly $100 a month more for the stuff you buy for as long as they’re in effect,” explains Spry, a finance professor at the University of St. Thomas. “These are big tariffs: 25% on everything from Canada and Mexico, except for a lower 10% on energy.”

Minnesota companies were assessing the damage Tuesday of the nascent trade war between the United States and its three biggest trade partners, an escalating tit-for-tat that could affect billions of dollars in state imports and exports.

Ontario is levying a 25% export tax on electricity and has threatened to cut off electricity sales to the U.S. completely if Trump moves forward with another round of tariffs on April 2.