The information was confirmed by Donald Trump
25% tariffs imposed on Canada as of Tuesday, March 4
Donald Trump is sticking to his guns: he will indeed go ahead with the imposition of 25% tariffs on products from Canada destined for the United States. He confirmed the news on Monday afternoon, March 3, at a press conference held live from Washington.
Starting this Tuesday, March 4, all Canadian products crossing the U.S. border will be subject to 25% tariffs. For minerals and energy, the tariff will be 10%.
Since taking office, Donald Trump has signed seven executive orders, proclamations or presidential directives imposing tariffs on his trading partners.
One week later, on March 12, unless otherwise indicated, tariffs of 25% will be imposed on steel and aluminum from Canada. Remember that about two weeks ago, the White House suggested that these tariffs on these two metals would be in addition to the 25% tariffs on all Canadian products except oil and gas. This would bring the total tariff to 50%.
Then, on April 1, reciprocal tariffs will also apply in response to the 5% Goods and Services Tax (GST), the 3% Digital Services Tax and agricultural trade barriers.
At a press conference last January, Canadian Prime Minister Justin Trudeau specified a list of products whose prices will be revised upwards. The list includes
- Wine;
- beer; and
- American whisky;
- Orange juice;
- Coffee; Tea;
- Tea; Rice;
- Rice;
- Chocolate;
- Tobacco and cigars;
- Make-up (lipstick, eye pencil, nail polish);
- Shaving products, deodorants, shampoo, toothpaste and dental care;
- Dishes and utensils;
- Household appliances;
- Fruit and vegetables;
- Vegetables;
- Bathtubs, showers, sinks and washbasins;
- Doors and windows;
- Perfume;
- Clothing;
- Shoes;
- Carpets, curtains and sheets;
- Tires for trucks, cars, motorcycles and bicycles;
- Suitcases;
- Jewelry;
- Firearms;
- Furniture and mattresses;
- Cleaning products;
- Sports equipment;
- Plastics;
- Lumber.
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