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ARTICLE · 06 MARCH 2025

Trade War Underway: Trump Tariffs Unpaused And Canada's Retaliatory Measures

McCarthy Tétrault
McCarthy Tétrault
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At 12:01 AM EST today, after a one-month pause, the United States proceeded with implementing 10% tariffs on imports of energy and energy resources from Canada and 25% tariffs on effectively all other imports...

GlobalInternational Law

At 12:01 AM EST today, after a one-month pause, the United States proceeded with implementing 10% tariffs on imports of energy and energy resources1 from Canada and 25% tariffs on effectively all other imports from Canada and Mexico on the asserted basis of the powers granted to United States President Donald Trump under the U.S. federal International Emergency Economic Powers Act ("IEEPA"). As discussed in our client alert, "Canada Responds to U.S. Tariffs – What Businesses Need to Know", these tariffs were set to be implemented on February 4, 2025 but were delayed until today after discussions between President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum led to a one month reprieve. While there had been some optimism that the temporary reprieve would become permanent, President Trump indicated yesterday that there was no longer any room to negotiate and the tariffs would proceed.

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