The latest Canadian countermeasures add to the 25% tariffs Ottawa imposed on $30 billion worth of US goods on March 4.
Finance Minister Dominic LeBlanc declared that the Canadian government is responding with a “dollar-for-dollar” approach, introducing a 25% tariff that is set to take effect at 12:01 a.m. Eastern Time on Thursday.
“These tariffs will target US steel products worth $8.8 billion, aluminum products worth $2 billion and a range of other imports including computers and sports equipment,” LeBlanc said.FBI's warning to iPhone, Android users: Delete these 'smishing' texts nowEx-Facebook COO spent $13K on lingerie during Europe trip, told aide to 'come to bed' on private jet: bookThe latest Canadian countermeasures add to the 25% tariffs Ottawa imposed on $30 billion worth of US goods on March 4. Those initial counter-tariffs were enacted in response to President Donald Trump’s broad-based duties on Canadian imports. Despite a temporary exemption for certain products issued by Trump on March 6 following a stock market downturn, Canada has chosen to maintain its tariffs.Trump’s steel and aluminum tariffs, set at 25%, were not exclusive to Canada but applied to all global imports of the metals. The European Union wasted no time in responding, announcing its own set of tariffs on more than $28 billion worth of US goods, which will take effect in April. Canada’s Foreign Affairs Minister Melanie Joly emphasized the broader significance of the trade dispute. “This is much more than about our economy. It is about the future of our country,” she said at a Wednesday press conference. “Canadians have had enough, and we are a strong country.”Ahead of the talks, Ford met with prime minister-designate Mark Carney, who is set to succeed outgoing Prime Minister Justin Trudeau in the coming weeks.Trump has long championed tariffs as a means of exerting economic leverage, protecting domestic industries, and generating revenue. However, most economists caution that such measures risk disrupting supply chains, increasing costs for consumers and rattling financial markets. The president has offered shifting justifications for the trade measures, fueling confusion about why the US is escalating economic tensions with key allies such as Canada and Mexico. Meanwhile, Trump has intensified his verbal attacks on Canadian leadership, repeatedly floating the idea of Canada becoming the 51st US state — comments that have infuriated many Canadians.“The only constant in this unjustified and unjustifiable trade war seems to be President Trump’s talks of annexing our country through economic coercion,” Joly said.Trump on Wednesday walked back his threat after Ford indicated he would pause the electricity surcharge plan — signaling a temporary cooling of tensions amid the ongoing trade standoff.FBI's warning to iPhone, Android users: Delete these 'smishing' texts nowEx-Facebook COO spent $13K on lingerie during Europe trip, told aide to 'come to bed' on private jet: bookMichelle Obama reveals her pet peeve about husband Barack amid divorce speculationREUTERS
US News Canada Donald Trump Justin Trudeau Tariffs
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian Game Awards Celebrate Canada's Thriving Gaming IndustryThe Canadian Game Awards recognize the achievements of Canada's gaming industry, from developers to streamers. The event highlights Canada's global leadership in interactive entertainment and its dynamic gaming community.
Read more »
Canadian Game Awards 2025: Celebrating Excellence in Canadian GamingThe 2025 Canadian Game Awards are set to honor the achievements of Canada's thriving video game industry, showcasing a diverse range of nominees from indie darlings to AAA epics. ScreenRant is proud to be an official media partner of the event, bringing the celebration to a global audience.
Read more »
Canadian Fans Boo 'Star-Spangled Banner' Amidst US-Canada Hockey Rivalry and Political TensionsCanadian fans booed the U.S. national anthem during the second straight game involving the U.S., adding fuel to the already intense rivalry between the two hockey powerhouses. The jeers were largely seen as a reaction to President Donald Trump's proposed tariffs on Canadian goods and his controversial suggestion that Canada could become the '51st state.' The incident mirrored similar displays of disapproval by Canadian fans during previous games involving American teams in Toronto and Ottawa.
Read more »
Canadian anthem singer changes lyric in response to Trump remarks on making Canada 51st U.S. stateChantal Kreviazuk, who performed the Canadian anthem prior to the 4 Nations Face-Off title game Thursday changed a lyric as a rebuke to President Trump's repeated remarks about making the country the 51st state.
Read more »
Top Canadian Journalist: Widespread Chinese Infiltration of Canada Has Wildly Benefited TrudeauSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Canada announces $21B in new US tariffs as trade war escalatesCanada announced $21 billion in new tariffs against the U.S. on Wednesday, escalating the trade war between the two countries.
Read more »