Canada announced on Tuesday it would raise tariffs on U.S. steel and aluminum imports to 50%, doubling the initial rate, and expand retaliatory measures to include additional American goods. The measures, targeting sectors such as clothing, appliances, and dairy, follow heightened trade tensions between the two nations.
Finance Canada revised its counter-tariff list late Wednesday after receiving input from domestic industries. Seafood and fish products were removed from the proposed tariffs to mitigate broader economic damage, though no further details on other adjustments were disclosed. The changes reflect an effort to balance retaliatory action with protection for Canadian businesses already affected by existing U.S. tariffs.
The United States Trade Representative, Jamieson Greer, reiterated the Trump administration’s stance that any further Canadian countermeasures would prompt a response. The U.S. has maintained its own tariffs on Canadian metals, leaving Canadian industries navigating the dual impact of foreign levies and pending domestic countermeasures.
