Trade dispute Canadian counter-tariffs come into force after new US tariffs
Following the 25 per cent tariffs imposed by US President Donald Trump on all steel and aluminum imports, Canadian counter-tariffs have come into force. They apply to sports equipment, for example.
13.03.2025, 05:13
SDA
US products such as computers and tools worth a total of around 20 billion US dollars are now subject to counter-tariffs of 25 percent, according to a press release issued by several Canadian ministers.
With the US tariffs, President Trump has "unnecessarily disrupted an incredibly successful trade partnership", said Canadian Finance Minister Dominic LeBlanc. "It is a completely unjustified and unwarranted act that will increase costs for Americans and Canadians."
They are actively working to eliminate these tariffs. Meanwhile, the Canadian government will "use every tool at its disposal to protect Canadian jobs and support our businesses and employees in these challenging times," LeBlanc said.
Trump argued that excessive steel and aluminum imports threaten US national security.
