Sun. Mar 22nd, 2026
  • Canada Prime Minister Justin Trudeau said that 25% tariffs on C$155 billion ($106.5 billion) of U.S. goods would be imposed.
  • Tariff on C$30 billion would take effect from 4 February and on C$125 billion in 21 days.
  • Earlier, Trump signed an executive order imposing 25% tariffs on all goods from Canada and Mexico and a 10% additional Tariff on China.
  • Energy imported from Canada, including oil, natural gas and electricity, would be taxed at a 10 per cent rate.
  • The US government has imposed tariffs to force these three countries to stop the spread and manufacturing of fentanyl.
  • In response, Canada has imposed tariffs on 1,256 products, or 17% of all the products imported from the United States.
  • Canada’s government is also planning to take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods.
  • Mexico and Canada are the top two U.S. trading partners.

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