On Feb. 3, CAN GVT reported tariff package in response to US tariffs.
CAN GVT reported agreement with the US to delay the imposition of tariffs on imports.
Follows White House Feb. 2025 set 25% tariff on Canadian imports, see #242210.
Tariff Package
White House issued 25% tariff on imported goods from Canada, Mexico, and China.
Due to US suspecting failures to circumvent illicit drug trafficking over the US border.
CAN GVT responded to the unjustified tariffs through countermeasures implementing their own 25% tariffs on $155 billion worth of goods imported from the United States.
States less than 1% of fentanyl and illegal crossings into the US come from Canada.
CAN GVT will consider additional measures, including non-tariff options, if needed.
Canada and the US have agreed to delay tariffs until Mar. 4, 2025 due to cooperation.