Ottawa announced 25 per cent tariffs on American goods totalling another $29.8 billion—including $12.6 billion of steel and $3 billion of aluminum—after U.S. President Donald Trump on Wednesday imposed 25 per cent duties on all foreign sources of both metals. (The Logic)
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Ottawa announced 25 per cent tariffs on American goods totalling another $29.8 billion—including $12.6 billion of steel and $3 billion of aluminum—after U.S. President Donald Trump on Wednesday imposed 25 per cent duties on all foreign sources of both metals. (The Logic)
Talking point: Finance Minister Dominic LeBlanc said $14.2 billion worth of U.S. goods including computers, sports equipment and cast iron products are also on the list. “We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,” he said. Canada’s new countertariffs are set to take effect at 12:01 a.m. EDT Thursday. They are on top of the duties on $30 billion worth of U.S. products that were implemented last week. Trump removed an exemption to national security tariffs on steel and aluminum Canada has had since 2019, but also added many downstream products to the list, such as stainless steel sinks and gas stoves.
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