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For Canada, the more confrontational stance and implementation of retaliatory tariffs reflect a lower tolerance for U.S. pressures, potentially leading to ongoing frictions.
The Trump administration has offered a plethora of other reasons for the tariffs, including the U.S. trade deficit with Canada, which the president often overstates by more than $100 billion, and ...
Canada instituted retaliatory tariffs in March after Trump floated a 25 percent levy on steel and alumni, both significant Canadian imports.
Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.
Retaliatory tariffs from Canada on non-USMCA-exempt U.S. goods are expected soon. TRUMP’S LATEST TARIFF ORDER ENACTS LEVIES ON AUG. 7; CANADIAN RATES INCREASE TO 35% ...
Canada imposed two rounds of counter-tariffs in March, when Justin Trudeau was in his final days as prime minister. The first placed 25% levies on about CA$30 billion ($21.8 billion) of imports ...
Trump Import Tariffs Reach 35 Percent For Canada, Mexico Gets 90-Day Deal Reprieve By George Barta August 4, 2025 12:14 pm 8 Sponsored ...
Trump has since amended his tariff plan, hitting some countries with higher rates, including 50% for goods from Brazil, 39% from Switzerland, 35% from Canada and 25% from India. The president ...
WATCH: Schumer says Trump tariffs on Canada are harming WNY’s economy “Tariffs are a dagger aimed at the heart of Upstate New York and at working families paying the cost,” said Schumer.
The industry has been a target for retaliation in response to the tariffs. As Trump expands the reach of his tariffs on Aug. 1, the bourbon industry and Kentucky are watchful for what comes next.
Canada’s decision to retaliate against U.S. tariffs earlier this year appears to be driving a divergence in how President Donald Trump is dealing with America’s neighbors.