Local time on the 10th, U.S. President Donald Trump announced that a 35% tariff will be imposed on goods imported from Canada starting August 1st. In response, the Canadian Prime Minister stated that Canada will firmly safeguard its national interests while strengthening global trade to counter the U.S. tariff threat.
On March 4th, the U.S. measure to impose a 25% tariff on Canadian and Mexican products took effect. On the same day, then-Canadian Prime Minister Justin Trudeau announced a 25% retaliatory tariff on 155 billion Canadian dollars worth of U.S. goods, with the tariff on 30 billion Canadian dollars worth of goods taking immediate effect.
On March 12th, the United States began imposing a 25% tariff on all imported steel and aluminum. The previous day, in response to Canada’s imposition of electricity surcharges on three northern U.S. states, Trump announced that the tariff on Canadian steel and aluminum products would be doubled to 50%, but the plan was subsequently withdrawn.
In terms of tariffs on automobiles, the United States has imposed a 25% tariff on imported automobiles since April 3rd. On the same day, Canada’s new Prime Minister Carney stated that the Canadian government will take the same measures as the United States, imposing a 25% tariff on U.S.-imported automobiles that do not comply with the USMCA.
On May 6th, Carney visited the United States. During a joint press conference with Trump, the two engaged in a “polite confrontation” over issues such as tariffs.
Carney said, “We are America’s largest customer, and our two countries have a huge automotive industry. Some of these adjustments may be beneficial. For example, half of the parts in Canadian-made cars come from the United States.”
Starting from June, except for the United Kingdom, the U.S. government raised the tariff on steel and aluminum products imported from all other trading partners from 25% to 50%. In this regard, the Canadian Prime Minister Carney stated that the latest steel and aluminum tariffs imposed by the United States are unreasonable and illegal. They are detrimental to U.S. workers, U.S. industries, and of course, Canadian industries. “We have previously taken strong countermeasures against U.S. imported goods, and these measures are already in place. We need some time to take the next steps.”
At the end of June, the U.S. side announced the suspension of U.S.-Canada trade negotiations because Canada imposed a digital services tax on U.S. technology companies. After Canada revoked the tax measure, negotiations between the two sides resumed.
Post time: Jul-12-2025