Minister: Canada to hit US imports with additional tariffs soon

Canadian Finance Minister Dominic LeBlanc has said that in response to US tariffs on Canadian imports, Canada will impose additional tariffs on US goods starting on March 13. 

He stated that the new tariffs, totaling CAD 29.8 billion ($20.6 billion), will be levied on a range of US products, adding that Canada would follow a "dollar-for-dollar" approach, matching the US tariffs on Canadian imports, Caliber.Az reports via Russian media. 

LeBlanc announced that the government of Canada would impose additional 25 per cent tariffs on imports from the US, effective from 00:01 on March 13, 2025. The new measures will primarily affect steel and aluminum products, as well as a variety of other goods, including certain sporting equipment.

The move is part of Canada’s ongoing efforts to respond to US trade policies under the administration of President Donald Trump. LeBlanc clarified that these additional tariffs are in addition to those introduced on March 4, which targeted approximately $30 billion (CAD 20.7 billion) worth of US imports. 

Earlier, US President Donald Trump announced that on March 12, the US would impose a 25 per cent tariff on steel and aluminum imports from Canada.

On March 4, the US administration introduced a 25 per cent tariff on nearly all imports from Canada and Mexico, while also increasing tariffs on Chinese goods from 10 per cent to 20 per cent. In response, Canadian Prime Minister Justin Trudeau stated that the US had initiated a trade war against his country, prompting Ottawa to implement retaliatory tariffs on Washington. Trudeau noted that Canada will gradually impose 25 per cent tariffs on American goods, totaling CAD 155 billion ($107.4 billion).

By Naila Huseynova