Canada Imposes 25% Tariff on $155 Bln Worth of US Goods

Canadian Prime Minister Justin Trudeau announced a 25% tariff on $155 billion worth of U.S. goods.

He wrote on X: “As soon as the U.S. tariffs took effect, we responded, and Canada imposed a 25% tariff on $155 billion worth of American goods.”

He explained that tariffs were first imposed on $30 billion worth of U.S. goods, followed by an additional $125 billion in 21 days.

In the same context, the Canadian Department of Finance said in a press statement: "The first phase of Canada's response includes tariffs on $30 billion in goods imported from the U.S., effective as of 12:01 a.m., March 4, 2025. The list includes products such as orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and certain pulp and paper products.

Minister LeBlanc also announced that, should the U.S. continue to apply unjustified tariffs on Canada, the government intends to impose additional countermeasures on $125 billion in imports from the U.S., drawing from a list of goods open for a 21-day comment period, which would bring the scope of countermeasures to a total of $155 billion worth of products. The list includes products such as electric vehicles, fruits and vegetables, beef, pork, dairy, electronics, steel, aluminum, trucks, and buses.