Canada will retaliate with 25% tariffs on $155B of U.S. goods

2 months ago
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Canada retaliates with 25% tariffs on more than $100B in US goods
Canada will impose 25% retaliatory tariffs on $107 billion worth of U.S. goods in response to President Donald Trump's latest trade
Here are all the ways Canada is striking back against Trump's tariffs
After Trump tariffs, Trudeau reveals $155B counter-tariffs on U.S.
Producers on P.E.I. say Canada-U.S. tariff battle will cost people in both countries
RECAP: Trump made good on his threat to order sweeping tariffs against Canada. Here’s how Canada responded.
Trudeau hits back at the U.S. with big tariffs after Trump launches a trade war
Trudeau retaliates with 25 per cent tariffs on $155B of U.S. goods

Canada hits back with 25% tariffs as trade war with US escalates
Canada Claps Back! Mark Carney & Trudeau Hit Trump’s Tariffs With A Bold Retaliation
U.S. President Donald Trump has declared a trade war on Canada, prompting the federal government, provinces and territories to launch their own countermeasures to hit back at the American economy.

Trump imposed a 25 per cent tariff on virtually all goods from Canada and a lower 10 per cent tariff on Canadian energy products. That means there will be a fee on Canadian products entering the United States — and those costs will likely be passed on to American consumers.

Likewise, the Canadian government has pledged to hit the U.S. with retaliatory 25 per cent tariffs on $155 billion worth of American goods coming into Canada. There will be an immediate $30 billion implemented on Tuesday, and the remaining $125 billion in 21 days.

Those are the topline figures, but there's a slate of other actions the federal government and provinces are considering or have already begun to enact. Let's break down all the ways Canada is striking back against Trump's tariffs:

Trudeau hits back at the U.S. with big tariffs after Trump launches a trade war
What American consumer goods is Canada targeting with counter-tariffs?
The federal government
According to a news release from the Department of Finance, the first $30-billion phase of the Canadian counter-tariff response will hit American products like orange juice, peanut butter, wine, spirits, beer, coffee, appliance, apparel, footwear, motorcycles, cosmetics and pulp and paper.

The second, $125-billion phase will include products like passenger vehicles and trucks, steel and aluminum products, certain fruits and vegetables, aerospace products, beef, pork, dairy, recreational vehicles and recreational boats, the news release said.

Finance Minister Dominic LeBlanc said in an interview on Rosemary Barton Live that the first phase is largely "consumer goods that we would import from the United States for which there is a replacement" from other countries.

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