Canadian government officials say Canada’s initial retaliatory tariffs against the U.S. will remain in place for now despite President Donald Trump postponing 25% tariffs on many imports from Canada for a month.

Summary

Canada will maintain its initial $30 billion (CA$) in retaliatory tariffs despite Trump postponing 25% tariffs on many Canadian imports for a month.

A second wave of tariffs, originally planned at $125 billion (CA$), has been suspended. Ontario will still raise electricity prices for U.S. customers, and B.C. is considering tolls on U.S. trucks going to Alaska.

Trudeau expects a prolonged trade war, following a heated call with Trump.

About 62% of Canadian imports remain subject to tariffs, as Trump pushes for U.S. companies to shift production domestically.

  • turnip@sh.itjust.worksEnglish
    6·
    1 month ago

    Its project 2025, the goal is to get restrictions on the US repealed. So we need to allow them access to our bank, dairy, telecoms, remove the digital service tax, etc…

    Just read the document, its clearly crafted by Trump. There is no way the heritage foundation thinks a border wall is an efficient usage of resources, nor is capital punishment an economic policy, they are Trumpisms of things hes convinced himself of over the decades.