TORONTO — Canada will announce Canadian $29.8 billion ($20.7 billion) in retaliatory tariffs in response to the 25% steel and aluminum tariffs that U.S. President Donald Trump has leveled, a senior Canadian government official said Wednesday.
Canada will announce more than $20 billion in tariffs in response to Trump's metal tariffs
Canada will announce Canadian $29.8 billion ($20.7 billion) in retaliatory tariffs in response to the 25% steel and aluminum tariffs that U.S. President Donald Trump has leveled, a senior Canadian government official said Wednesday.
By ROB GILLIES
March 12, 2025 at 1:22PM
The official spoke on condition of anonymity because they weren’t authorized to speak before the announcement.
The European Union on Wednesday also announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.
Canada is the largest foreign supplier of steel and aluminum to the U.S.
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ROB GILLIES
The Associated Press
Major trade partners swiftly hit back at President Donald Trump's increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon.
