Effective September 1, 2025, Canada will remove its 25% retaliatory tariffs on United States goods that qualify as originating under the Canada-United States-Mexico Agreement (CUSMA), as announced by Prime Minister Mark Carney. However, Canadian tariffs on U.S. steel, aluminum and auto imports will remain in effect.

Background

On March 4, 2025, Canada imposed 25% retaliatory tariffs on an initial select list of U.S. imports worth C$29.8-billion (referred to as the Phase 1 list of goods). These retaliatory tariffs were imposed after the U.S. imposed a 25% tariff on all products of Canada except energy products, which were subject to a 10% tariff.

Shortly thereafter, on March 7, 2025, U.S. President Donald Trump issued an executive order exempting any CUSMA-compliant good from the U.S

See Full Page