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ARTICLE · 11 MARCH 2025

The Tariff Merry-go-round: Concessions And Refutations

McCarthy Tétrault
McCarthy Tétrault
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Only 72 hours ago, the Trump administration instituted its plan to apply a blanket tariff of 25% on all imports from Canada except for energy resources and certain minerals...

GlobalInternational Law

Only 72 hours ago, the Trump administration instituted its plan to apply a blanket tariff of 25% on all imports from Canada except for energy resources and certain minerals which face a 10% tariff. The situation remains very fluid, with significant announcements from the White House late last night The latest statements signal temporary relief in some areas, while exacerbating tensions in others, with considerable implications for cross-border businesses and regulatory compliance.

For background on how this situation has evolved, including the reinstatement of US tariffs and Canada's initial retaliatory measures, refer to our prior client alert, "Trade War Underway: Trump Tariffs Unpaused and Canada's Retaliatory Measures."

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