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ARTICLE · 17 APRIL 2025

Canada–U.S. Tariffs: Where Do We Stand In A Shifting Trade Environment?

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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On April 2, 2025, President Trump signed executive order Regulating Imports with a Reciprocal Tariff, establishing a 10% baseline tariff on most worldwide imports...

GlobalInternational Law

On April 2, 2025, President Trump signed executive order Regulating Imports with a Reciprocal Tariff, establishing a 10% baseline tariff on most worldwide imports to the United States and higher tariffs on approximately 60 other countries. Canada and Mexico are currently exempt from these new measures. The Phase 2 retaliatory measures on C$130-billion of U.S. goods previously announced by Canada also remain paused.

Existing U.S. tariffs on certain Canadian goods, including non-CUSMA-compliant (Canada-United States-Mexico Agreement) goods, steel and aluminum, and automobiles, continue to apply. Please see our prior bulletins at our Cross-Border Tariffs topic centre and our continuously updated Timeline of Key Dates and Documents for information relating to these prior measures and Canada's response.

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