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Canada suspends tariffs on select US imports for six months

16 April 2025 10:33

The Canadian government has announced a six-month suspension of tariffs on certain goods imported from the United States, according to a statement by Minister of Innovation, Science and Industry François-Philippe Champagne.

"The government intends to temporarily grant a six-month deferral of tariffs on U.S.-imported goods used in Canadian food and beverage production, processing, and packaging, as well as items essential to public health, public safety, and national security," the statement reads, Caliber.Az reports, citing American news sources.

In addition, Ottawa will temporarily remove tariffs on U.S.-made vehicles and auto parts imported under the terms of the Canada-United States-Mexico Agreement (CUSMA), Canada’s name for the USMCA trade deal. Champagne explained that this move is aimed at supporting domestic auto manufacturing.

The temporary tariff relief is expected to ease supply chain pressures and enhance Canada’s economic resilience in key sectors.

On April 3, 2025, the U.S. has imposed a 25% tariff on most Canadian goods and a 10% tariff on Canadian energy products, including oil, gas, and potash.

By Khagan Isayev

Caliber.Az
Views: 184

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