Canada imposing 25% tariffs on $30 billion of US imports, Trudeau says
by Reuters Mar 04, 2025
Canada is imposing 25% tariffs on C$30 billion worth of U.S. imports effective immediately, Prime Minister Justin Trudeau told reporters on Tuesday.
Trudeau made the announcement just hours after U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Canada.
"There is absolutely no justification or need whatsoever for these tariffs today," Trudeau said, adding that Canada would challenge the U.S. measures at the World Trade Organization and through the U.S.-Mexico-Canada trade agreement.
If the U.S. tariffs persist, Canada will impose a 25% tariff on a further C$125 billion of U.S. imports in 21 days' time, he said.
Reuters
Similar Stories
AI vertical among those most exposed to Middle East conflict
View Article
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View ArticleDOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
View Article
Merlo America welcomes new finance manager to support continued growth
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
