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Canada imposes reciprocal tariffs on US steel, aluminum, other goods

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Author Fast Webs<.>, <.>

* 25% duties on C$12.6 billion of US steel, C$3 billion of US aluminum
* To remain in place until US removes tariffs on Canadian steel, aluminum

Canada has responded to US tariffs on all aluminum and steel by taking a “dollar-for-dollar” approach and imposing 25% tariffs starting March 13 on C$29.8 billion of US goods, including steel and aluminum products, Canada’s Department of Finance said March 12.
The US implemented 25% tariffs on all aluminum and steel imports on March 12, shocking global trade relationships.
Canada, the US’s largest trading partner and largest source of aluminum and steel, has been especially impacted by the escalating trade tensions. These new tariffs by Canada are in addition to Canada’s counter tariffs on C$30 billion in US goods that were in response to the US’s March 4 action to tariff all Canadian imports. US President Donald Trump ultimately decided to suspend blanket tariffs on Canada until April 2.
With these tariffs, the US administration is needlessly disrupting an incredibly successful trading partnership. It is a completely unwarranted and unjustified move that will raise costs for Americans and Canadians alike, said Dominic LeBlanc, Canada’s minister of finance and intergovernmental affairs, in a statement.
While we actively work to remove these tariffs, our government will use every tool at its disposal to defend Canadian jobs and support our businesses and workers during these challenging times.
The counter tariffs target C$12.6 billion in US steel products, C$3 billion in aluminum goods, and C$14.2 billion in additional US imports, including tools, computers and servers, display monitors, sports equipment, and cast-iron products, according to the agency.
Canada’s Department of Finance said these duties will remain in place until the US removes its own tariffs on Canadian aluminum and steel.
Canadian steel and aluminum make the US stronger, and these unjustified tariffs will raise prices for everyone and threaten jobs on both sides of the border, Mélanie Joly, Canada’s minister of foreign affairs, said in a statement.
By working together, Canada and the US have overcome many challenges in the past and the sooner these needless tariffs are lifted, we can get back to working together to create jobs and improve the lives of workers on both sides of the border.
The White House and US Department of Commerce did not immediately respond to requests for comments.