Canada announces robust tariff package in response to U.S. tariffs

Canada is imposing retaliatory tariffs  in response to U.S. trade measures,  to protect its economy and jobs. Finance Minister Dominic LeBlanc and Foreign Affairs Minister Mélanie Joly announced a 25% tariff on $155 billion worth of U.S. imports, beginning with an initial $30 billion in goods such as food, beverages, appliances, and apparel, effective March 4, 2025. If U.S. tariffs persist or expand, Canada will extend countermeasures to include additional products like electric vehicles, beef, dairy, and steel. To support Canadian businesses, the government is implementing a remission process for exceptional tariff relief. Canada also reaffirmed its commitment to border security, highlighting a $1.3 billion initiative to combat fentanyl smuggling, which has already led to a 97% reduction in seizures. The government urges the U.S. to reverse its decision, emphasizing the tariffs’ negative impact on both economies while standing firm in defending Canadian industries.

For more information, visit:

• List of products from the United States subject to 25 per cent tariffs effective March 4, 2025
• Notice of Intent to Impose Countermeasures in Response to United States Tariffs on Canadian Goods
• Process for requesting remission of tariffs that apply on certain goods from the U.S.