Canada to Impose 25% Retaliatory Tariffs on $21 Billion Worth of U.S. Goods
If you’re looking for a new set of golf clubs, they may soon be 25% more expensive, as Canadian Finance Minister Dominic LeBlanc has announced a 25% reciprocal tariff on $29.8 billion of U.S. imports, effective March 13, 2025. As the largest foreign supplier of steel and aluminum to the U.S., Canada is responding to existing tariffs with this measure, which includes $12.6 billion in steel, $3 billion in aluminum, and $14.2 billion in other goods such as […]