Tariff Resources

Updates

July 3, 2025 - On June 26, President Trump suspended Canada-U.S. trade talks in response to Canada’s Digital Services Tax (DST) and announced plans for new tariffs. Canada repealed the DST on June 29, leading to the resumption of negotiations, with a goal of reaching a deal by July 21. The Canadian Chamber, which has consistently opposed the DST, is actively engaging with the government and collecting input on priorities for the upcoming U.S. review of CUSMA.

In the U.S., the One Big Beautiful Bill Act (OBBBA), a major budget bill under Senate review, includes changes to tax credits for advanced manufacturing and clean energy. These changes could impact Canadian businesses tied to U.S. supply chains. On June 26, Section 899, targeting countries with digital services taxes, was removed from the bill, a positive outcome for Canadian companies. The U.S. was also exempted from the G7’s 15% global minimum corporate tax. Read more coverage from the Canadian Chamber of Commerce.

April 2, 2025 - US will proceed with the imposition of tariffs on all imported goods. Existing tariffs on Canadian and Mexican products will continue without change. CUSMA compliant goods will continue to see a 0% tariff, non-CUSMA compliant goods will see a 25% tariff, and non-CUSMA compliant energy and potash will see a 10% tariff. A 10% tariff will be imposed on imported goods from all countries and will go into effect on April 5, 2025 at 12:01 AM EDT. Read the White House fact sheet on 10% tariff.

March 26, 2025 - US to impose 25% on the imports of automobiles and parts, specifically on the value of non-US content. Read the White House fact sheet on automobile import tariffs.

March 13, 2025 - Canada imposes Canadian retaliatory tariff on select products. Read the complete list of US products subject to 25% tariffs.

March 12, 2025 - US implements 25% tariff on imported steel and aluminum products.

March 6, 2025 - US places pause tariffs on products that are covered under the  Canada-U.S.-Mexico Agreement (CUSMA) until April 2, 2025. Read the White House fact sheet on tariff update. Canada has not lifted Phase I tariffs imposed on $30 billion worth of American imports. The implementation of Phase II retaliatory tariffs will be paused until April 2, 2025.

March 4, 2025 - US proceeds with imposition of 25% Tariffs on Canadian and Mexican imports  under the International Emergency Economic Powers Act. Read White House fact sheet on US Tariffs. Read news release from Department of Finance Canada. Canada has responded with 25% tariffs on $30 billion worth of American products.

Prime Minister Justin Trudeau responds to US Tariff

• Click here to see the full list of products from the US subject to 25% tariffs.
• Click here for information on how to request remission on tariffs.

February 11, 2025 - Canadian Chamber of Commerce releases study ranks Abbotsford, BC 15th in Canadian cities to be negatively impacted by US tariffs. Read more

February 10, 2025 - Donald Trump signs proclamations to terminate exemptions to Section 232 of the Trade Expansion Act of 1962 to restore 25% tariffs on the the import on steel and to elevate the tariff on the import of aluminum to 25%, effective March 12, 2025. Read more.

February 3, 2025 - Justin Trudeau announces that proposed tariffs will be paused for at least 30 days.

February 2, 2025 - Canada announces tariff counter measures imposing  25% tariffs on $30 billion effective February 4th and $125 billion to go into effect after 21 days, on goods imported from the United States Read more.

February 1, 2025 - White House announces the imposition of 25% tariffs on Canadian and Mexican Imports and 10% on Chinese imports and Canadian energy resources. Read more.

November 25, 2024 - Trump announces plans to sign an executive order to impose tariffs on Mexico and Canada. Read more.