Canadian government officials say Canada’s initial retaliatory tariffs against the U.S. will remain in place for now despite President Donald Trump postponing 25% tariffs on many imports from Canada for a month.

Summary

Canada will maintain its initial $30 billion (CA$) in retaliatory tariffs despite Trump postponing 25% tariffs on many Canadian imports for a month.

A second wave of tariffs, originally planned at $125 billion (CA$), has been suspended. Ontario will still raise electricity prices for U.S. customers, and B.C. is considering tolls on U.S. trucks going to Alaska.

Trudeau expects a prolonged trade war, following a heated call with Trump.

About 62% of Canadian imports remain subject to tariffs, as Trump pushes for U.S. companies to shift production domestically.

  • GreyEyedGhostEnglish
    1·
    3 days ago

    This is why Trudeau took the stance he did. “Sure, you can start this mess if you like, but it isn’t isnt only up to you when it ends.” And this comes with the implications that if he removes tariffs and waits until Canada removes ours to start the cycle again, there’s no guarantee that Canada will stick with the same time frame as last time.

    I imagine Trump doesn’t like the idea that he isn’t in complete control, and if this is a reverse pump and dump tactic, it won’t be nearly as effective if he and his team don’t have as much control on the dips and rises.