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ARTICLE · 21 MARCH 2025

Tariff Round-up: Where We Are And Where We May Be Headed

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Since the United States first imposed tariffs on Canadian goods on March 4, significant changes have continued to take place regarding Canada's trade relationship with the United States, and other countries.

CanadaInternational Law
John Terry
John Terry
T. Ryan Lax
T. Ryan Lax
Robin Asgari
Robin Asgari
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Since the United States first imposed tariffs on Canadian goods on March 4, significant changes have continued to take place regarding Canada's trade relationship with the United States, and other countries. We provide a review on the state of play on U.S. tariffs, Canada's retaliatory tariffs, China's new tariffs on Canada, and discuss where we may be headed in the next few weeks.

U.S. tariffs

Over the last two weeks, President Trump has threatened, imposed, and adjusted a variety of tariffs against Canada.

  1. March 4 general tariffs. On March 4, President Trump implemented 25% tariffs on all Canadian goodsand 10% tariffs on Canadian "energy" and "energy resources" products. President Trump also imposed 25% tariffs on goods from Mexico and a further 10% tariff on goods from China.

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