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25% US Tariff on Most Canadian Goods to Begin Tuesday February 4, 2025

 

According to a senior Canadian official, US President Trump has followed through with his promise to impose a 25% tariff on Canadian goods entering the US, including a 10% tariff on Canadian energy products. These tariffs are said to go into effect Tuesday February 4, 2025, for an undetermined length of time.

Prime Minister Trudeau is expected to provide a response tonight at 6pm ET, likely announcing Canada's retaliatory tariffs on goods imported from the US.

 

https://www.cbc.ca/news/politics/trump-tariffs-canada-february-1-1.7447829

https://www.thestar.com/business/donald-trump-s-tariffs-on-imports-from-canada-expected-to-begin-on-tuesday/article_b7f66e38-dffc-11ef-8ffd-bb72221e0600.html

 

 

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