Canada will announce more than $20 billion in tariffs in response to Trump’s metal tariffs

The European Union also announces retaliatory trade action with new duties on US industrial and farm products

AP

Toronto, Updated At : 07:10 PM Mar 12, 2025 IST

Donald Trump. File photo

Canada will announce Canadian $29.8 billion ($20.7 billion) in retaliatory tariffs in response to the 25% steel and aluminium tariffs that US President Donald Trump has levelled, a senior Canadian government official said on Wednesday.

The official spoke on condition of anonymity as he wasn't authorised to speak before the announcement.

The European Union on Wednesday also announced retaliatory trade action with new duties on US industrial and farm products, responding within hours to the Trump administration's increase in tariffs on all steel and aluminium imports to 25%.

Canada is the largest foreign supplier of steel and aluminium to the US.

Canada will announce more than $20 billion in tariffs in response to Trump’s metal tariffs

AP

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