Canada Imposes Retaliatory Tariffs on US Goods

In response to new U.S. tariffs on Canadian and Mexican products, Canada has implemented 25% retaliatory tariffs on C$30 billion worth of U.S. imports. These measures will take effect immediately, with additional tariffs planned after a 21-day consultation period.

Affected Products

The initial tariffs apply to a wide range of 1,256 U.S. products, including:

Orange juice
Peanut butter
Wine and spirits
Beer
Coffee
Appliances
Apparel and footwear
Motorcycles
Cosmetics
Pulp and paper products

Notably, the tariffs will impact cosmetics and body care items valued at C$3.5 billion, household appliances worth C$3.4 billion, pulp and paper products totaling C$3 billion, and plastic products amounting to C$1.8 billion.

Future Measures

Canada is also considering additional non-tariff measures, including:

Export restrictions on critical minerals
Limitations on U.S. participation in energy procurement
Restrictions on American companies bidding for government contracts

Provincial governments may also take steps to remove U.S. products from liquor store shelves and prioritize Canadian goods in procurement policies.

Support for Canadian Workers and Businesses

To mitigate the impact of these tariffs, the Canadian government will introduce a remission process, allowing businesses to request relief from the imposed duties.

These trade measures mark a significant escalation in economic tensions between Canada and the United States, with potential consequences for various industries and consumers in both countries.

“Canada Imposes Retaliatory Tariffs on US Goods”