U.S tariffs: On March 4, the United States imposed 10 per cent tariffs on energy imports from Canada and 25 per cent tariffs on all other imports from Canada. In response, Canada imposed reciprocal tariffs of 25 per cent against $30 billion in imports of goods from the U.S., effective March 4, 2025. U.S. tariffs have been suspended on most items until April 2; Canada’s reciprocal tariffs remain in place.
On March 12, U.S. tariffs of 25 per cent on imports of Canadian steel and aluminum came into effect. In response, Canada imposed 25 per cent tariffs on $29.8 billion in products imported from the United States, effective March 13.