tariffs

Ontario Chamber: Response to President Trump’s ‘Liberation Day’ Announcement

Ontario businesses face continued uncertainty amid unstable U.S. trade policy (Toronto – April 2, 2025) – Ontario Chamber of Commerce President and CEO, Daniel Tisch, issued the following statement in response to U.S. President Trump’s latest tariff announcement: “President Trump has declared today ‘Liberation Day,’ but the only thing being liberated is hard-earned cash from […]

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Stay Up-to-Date with the Latest News on Canada-US Tariffs

We hope this quick list of resources will be helpful as you navigate the ever-changing economic landscape. 1. Canada’s Response to US Tariffs on Canadian Goodshttps://www.canada.ca/en/department-finance/programs/international-trade-finance-policy/canadas-response-us-tariffs 2. Canada’s Department of Financehttps://www.canada.ca/en/department-finance/news 3. Canada’s Competitiveness for FDI Key Facts (Jan 2025)https://edac.ca/wp-content/uploads/2025/02/FDI_Keyfacts_Jan2025.pdf 4. Canada-US Core Facts (Jan 2025)https://edac.ca/wp-content/uploads/2025/02/Canada-U.S.-Core-Facts-January-2025.pdf 5. About The Canada-US-Mexico (CUSMA) Agreementhttps://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cusma-aceum/index.aspx?lang=eng 6. EDC Canada-US

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Tariffs and Retaliatory Measures

Businesses should take the necessary steps to prepare for potentially disruptive U.S. trade measures as well as retaliatory measures by Canada. To support your preparations for these coming measures, please see below updates on 1) key upcoming U.S. tariffs measures, 2) the Canadian federal government’s plans for retaliation, and 3) recent Chamber initiatives responding to

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Canada announces $155B tariff package in response to unjustified U.S. tariffs

From: Department of Finance Canada On February 3, 2025, Canada and the United States agreed to delay the imposition of our respective tariffs on imported goods. News release February 1, 2025 – Ottawa, Ontario – Department of Finance Canada Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, and the Honourable Mélanie Joly, Minister

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List of products from the United States subject to 25 per cent tariffs effective February 4, 2025

From: Department of Finance Canada On February 3, 2025, Canada and the United States agreed to delay the imposition of our respective tariffs on imported goods. Backgrounder Effective February 4, 2025, the government is imposing 25 per cent tariffs on $30 billion in goods imported from the United States (U.S.). These tariffs only apply to goods originating from the

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