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.

  • @cogmanEnglish
    7•2 days ago

    Trump didn’t promise to keep the tarrifs lifted, only to pause them. You are correct that it’s insane to have a continual 30 day “will he won’t he” tension.

    I hate that my syrup is about to get more expensive, but it’s really the right thing for Canada to do.

    • @[email protected]English
      7•2 days ago

      Yes, that’s my point. Hence why Canada responded by saying “That’s not good enough, remove the tariffs entirely and make a clear promise that they’re not coming back, or else our tariffs will continue.”