Canada confirms 25% retaliatory tariffs on US imports it Trump's imposts go into effect

Canada reciprocal tariffs statement from prime minister’s office

  • Canada will impose retaliatory tariffs on U.S. imports from Tuesday if U.S. tariffs go into effect
  • Canada will start with 25% tariffs on U.S. imports worth C$30 billion from Tuesday
  • Should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures.

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Trump’s tariffs on Canada and Mexico are due at 12.01 am on Tuesday, March 4, 2025 US Eastern time.

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This article was written by Eamonn Sheridan at www.forexlive.com.

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