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Canada’s retaliatory tariffs on US goods go into effect

04 March 2025 13:31

Starting on March 4, Canada will impose 25% tariffs on 155 billion Canadian dollars ($107 billion) worth of US goods if US President Donald Trump’s administration follows through with its proposed tariffs on Canadian goods, Prime Minister Justin Trudeau said on March 3.

Canada will slap 25% tariffs on C$30 billion worth of U.S. goods from Tuesday, while tariffs on the remaining C$125 billion of products will come into effect in 21 days, Trudeau said in a statement, Caliber.Az reports via American media.

“Our tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,” Trudeau added.

Since President Donald Trump began his second term in January 2025, relations between the United States and Canada have significantly deteriorated, primarily due to aggressive trade policies. On February 1, 2025, President Trump imposed tariffs on all goods imported from Canada, citing concerns over border security and the flow of fentanyl into the U.S.

President Donald Trump’s significant tariffs on imports from Canada and Mexico, are effective since March 4, 2025. These measures include a 25% tariff on most goods from both countries, with Canadian energy products facing a 10% tariff. The administration justifies these actions as efforts to combat illegal immigration, address the flow of fentanyl into the U.S., and reduce trade deficits.

By Khagan Isayev

Caliber.Az
Views: 219

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