Canada to impose 25% tariffs on $29.8B in U.S. goods Thursday

By Canadian Press on March 12, 2025.

WASHINGTON — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for the 25 per cent tariffs on steel and aluminum the administration of U.S. President Donald Trump imposed today.

The dollar-for-dollar tariffs will take effect at 12:01 ET Thursday.

Finance Minister Dominic LeBlanc says the tariffs are in addition to 25 per cent tariffs Canada imposed on $30 billion in imports from the United States earlier this month.

LeBlanc says the new levies target $12.6 billion in steel products and $3 billion in aluminum products.

The counter-tariffs will also apply to other products, including computers, sports equipment and cast iron goods.

LeBlanc says the U.S. is “inserting disruption and disorder” into a successful trading partnership and is increasing the cost of everyday goods for both Canadians and Americans.

This report by The Canadian Press was first published March 12, 2025.

The Canadian Press