Select Language

Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in

Breaking news

Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.03.04 11:15
Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in

update 2025.03.04 11:15

A statement released by the Canadian prime minister's office confirmed that Canada will impose retaliatory tariffs on US imports from Tuesday if US tariffs go into effect.

Key takeaways

Canada will start with 25% tariffs on US imports worth C$30 billion from Tuesday.

Should US tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures.


Date

Created

 : 2025.03.04

Update

Last updated

 : 2025.03.04

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

US President Donald Trump pivots on tariffs again

US President Donald Trump hit markets with yet another structural pivot on his tariff agenda, announcing some temporary exemptions for certain sectors, as well as getting his 25% tariffs against Mexico and Canada muddled up with his separate "reciprocal tariff" strategy that is currently slated to come into effect in April.
New
update2025.03.07 06:39

AUD/JPY Price Analysis: Sellers regain control, bearish momentum still weak

The AUD/JPY pair retreated on Thursday ahead of the Asian session, giving up gains from the previous two sessions as sellers regained control.
New
update2025.03.07 06:36

Australian Dollar weakens as risk sentiment cools and US Dollar steadies

The Australian Dollar (AUD) is retreating on Thursday against the US Dollar (USD) after three consecutive days of gains.
New
update2025.03.07 06:25

Fed's Waller: I don't see case for a March rate cut

Federal Reserve (Fed) Governing Board Member Christopher Waller noted on Thursday that recent data has made it more difficult to argue in favor of additional rate cuts heading into the tail end of the first quarter.
New
update2025.03.07 05:39

Canadian Dollar churns as markets grapple with tariff uncertainty

The Canadian Dollar (CAD) explored the high end on Thursday as market confidence in the US Dollar (USD) waivered in the face of ongoing tariff ambiguity from Unites States (US) President Donald Trump.
New
update2025.03.07 05:36

Gold stalls near $2,910 on profit-taking, steady US yields

Gold halted its three-day rally due to investors booking profits ahead of the crucial US Nonfarm Payrolls report.
New
update2025.03.07 05:29

Forex Today: The US Nonfarm Payrolls are coming!

The downtrend in the US Dollar gathered extra steam on Wednesday, fuelled by concerns over the US economy and some renewed hopes that the Trump administration could delay some planned tariffs.
New
update2025.03.07 04:04

US Dollar continues downward spiral as labor data disappoints

The US Dollar Index (DXY) is extending its losing streak on Thursday as fresh labor market and trade data put additional pressure on the Greenback.
New
update2025.03.07 03:41

Dow Jones Industrial Average declines once more as tariff confusion grips markets

The Dow Jones Industrial Average turned tail and ran on Thursday, in tandem with the rest of the US equity indexes.
New
update2025.03.07 03:04

Mexican Peso gains as Trump exempts tariffs on USMCA products

The Mexican Peso (MXN) appreciated against the US Dollar (USD) on Thursday after United States (US) President Donald Trump said that Mexico would be exempt from paying tariffs on anything falling within the United States-Mexico-Canada Agreement (USMCA).
New
update2025.03.07 02:59

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel