Canada Tariff News and Tracker

Listeners, as of September 29th, 2025, the biggest headline dominating tariff news between the U.S., Donald Trump, and Canada is Trump’s expansion of his aggressive tariff strategy, shaking up trade corridors and supply chains in ways unseen since the 1930s. The Trump administration this year imposed a blanket 25% tariff on imports from Canada and Mexico—marking a historic break from the spirit of free trade embodied in agreements like USMCA, as covered by a GEP analysis and reporting from AInvest and multiple economic think tanks.The new tariffs, rushed through using the International Emergency Economic Powers Act, have hit critical sectors especially hard. Automotive manufacturing has been slammed, with the likes of Toyota and Honda facing billions in extra costs. Steel, aluminum, and key manufacturing components are among the casualties, and cross-border e-commerce has grown far more expensive as the de minimis exemption for low-value Canadian imports is gone. The Farmonaut analysis highlights that the cost of goods like aluminum hydroxide and resin has surged, putting further pressure on manufacturers.In response, the Canadian government slapped retaliatory tariffs of 25% on $100 billion worth of U.S. exports, escalating trade tensions and disrupting established supply networks. Air freight rates have dropped as global companies scramble to find cost-effective routes that avoid new tariffs. The Canadian economy, according to Canadian Mortgage Trends, is limping toward recovery, repeatedly “bruised by tariffs,” with its export sector in a slow rebound.On the ground, Canadian consumer behavior has shifted noticeably. AdExchanger reports pronounced boycotts of U.S. goods, with products such as Florida orange juice and Kentucky bourbon disappearing from Canadian shelves. Canadian media and national advertising campaigns have leaned more toward “national pride,” directly responding to trade friction. Meanwhile, car travel from Canada into the U.S. fell by 34% last month compared to a year ago.For Canadian exporters, the reality is stark: the average U.S. tariff on Canadian goods, previously under 5%, has leapt to 25%, in line with new Trump policies. The Financial Post highlights that these levels are the highest since the 1930s, and trade policy experts doubt any U.S. president—regardless of party—will voluntarily surrender such sweeping tariff powers in the foreseeable future.Executive Order 14257, signed by Trump on September 5th, further broadened the president’s reach, and there are threats of new Section 301 investigations targeting Canadian sectors, keeping the policy direction volatile. With outright recession seemingly dodged for now, Canada is still adjusting to a post-free-trade reality where aligning with U.S. priorities may be the only strategy left.Thanks for tuning in to Canada Tariff News and Tracker. Remember to subscribe so you don’t miss the next update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, today’s biggest story in cross-border trade is the sudden escalation of tariffs between the United States and Canada. This week, President Donald Trump announced a major hike in tariffs on certain Canadian imports, effective immediately. According to The Daily Star and official White House statements, the tariff rate on these Canadian goods has jumped from 25 percent up to a steep 35 percent. Notably, products covered under the United States-Mexico-Canada Agreement—like many agricultural and automotive items—are exempt from these new measures, but a swath of other sectors will be affected.The increased tariffs come in direct response to diplomatic friction. After Prime Minister Mark Carney’s recent move to recognize Palestinian statehood at the United Nations, President Trump took swift action, warning on social media that Canada’s policy shift would jeopardize ongoing trade relations and potential trade deals. There is no waiting period for these new U.S. tariffs on Canada—they kicked in on Friday, impacting any non-exempt Canadian goods entering the American market right away.Business leaders in Canada are voicing their concerns. Daniel Johnson with CityNews Vancouver reports that these tariffs are already shaping expectations for Prime Minister Carney’s upcoming federal budget. The Canadian government is under pressure to offset the blow delivered by Trump’s latest protectionist measures, as the country braces for a swelling federal deficit now projected at $68.5 billion—up sharply from last year. Many in the business community are urging the government to provide not just support for affected industries, but also long-term policies that attract investment and reduce economic uncertainty at a time of rising trade barriers.On the consumer and broader economic front, the ongoing escalation of tariffs is raising prices for imported goods. A recent post from deeded.ca points out that if Canada retaliates in kind—a likely scenario—the cost of U.S. goods in Canada could climb steeply. With Canada importing about half of its goods from the United States, from groceries and machinery to vehicles and household products, everyday Canadians are already feeling the pinch. Higher tariffs mean higher inflation, and that’s leading to predictions of rising interest rates, increased mortgage and loan costs, and a cooling of the Canadian real estate market as consumer spending tightens.Meanwhile, some sectors like raw materials remain less affected. The Centre for Future Work notes that U.S. tariffs remain lower on Canadian energy and potash, as well as CUSMA-covered goods, reflecting a targeted rather than blanket approach to tariff policy.For industries and households on both sides of the border, the trade environment remains in flux. As always, we’ll track developments and keep you updated on what this means for Canadian businesses, families, and the overall economy.Thanks for tuning in to Canada Tariff News and Tracker. Don’t forget to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker. Today is September 26, 2025, and there have been significant developments in U.S.-Canada trade relations, particularly surrounding tariffs and ongoing tensions tied to former President Trump’s trade policies.The monetary headlines today revolve around the escalating disputes over tariffs between the United States and Canada, with recent U.S. measures catching the attention of business leaders on both sides of the border. According to the National Post, this year the White House has imposed a 35 percent tariff on Canadian exports that do not comply with the Canada-United States-Mexico Agreement, or CUSMA. For many Canadian products, especially in the steel and aluminum sectors, these tariffs have reached as high as 50 percent, utilizing what are called Section 232 tariffs under the premise of safeguarding U.S. national security. Trade experts say that more sectors—including semiconductors, pharmaceuticals, lumber, commercial aircraft, and jet engines—may soon face similar U.S. investigations or new tariffs, undermining the stability and certainty that CUSMA was intended to provide.This hardline approach reflects former President Trump’s ongoing rationale that the United States is being taken advantage of by trading partners and justifies high tariffs as protection for American workers and businesses. Trump has also expressed frustration over Canadian policies like supply management in agriculture, particularly dairy, eggs, and poultry. Reason Magazine’s commentary notes that Canadian supply management is now written into law, further restricting imports and limiting access for U.S. producers. Trump recently targeted Canada’s attempt to introduce a digital services tax affecting U.S. tech firms, threatening to halt all trade discussions with Canada unless the tax was rescinded. The threat worked—Canada withdrew the tax before it took effect.All of this is happening alongside preparations for the formal CUSMA review, set for next year. Both Canada and Mexico are said to be launching internal consultations to gear up for what many believe will be contentious negotiations. Specialists cited by the National Post expect Washington to make demands for stricter rules of origin on auto manufacturing and more restrictions on Chinese investment.Meanwhile, Canadian analysts and economists are warning about the cost of these ongoing tariffs and trade barriers. According to Fraser Institute research quoted in Reason Magazine, Canada’s supply management regime costs the average Canadian household hundreds of dollars a year, restricting choice and raising prices. With tit-for-tat measures and unpredictable tariffs, both U.S. and Canadian consumers are left paying the price.Thank you for tuning in to Canada Tariff News and Tracker. Be sure to subscribe and stay updated as negotiations unfold and as we track every major development. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, it’s September 24th, 2025, and you’re tuned in to Canada Tariff News and Tracker, your source for the latest headlines and analysis on tariffs impacting Canada, with a special focus on US and Trump administration policy.In the latest wave of tariff news, the United States under President Donald Trump has kept tariffs squarely in the spotlight. As of June 2025, the average effective US tariff rate hit a peak of 21.1%, according to reporting from The Business Standard. Imports to the US dropped by 5.8% year-over-year in that month, a sign of the real economic impact as tariffs bite into cross-border trade.Canada remains in sharp focus for US policy. President Trump’s administration this year announced a set of sweeping new tariffs ranging from 10% to 50% on several major US trading partners, including Canada. This move was positioned as a way to tackle the US trade deficit and address concerns like drug trafficking. The White House submitted a Supreme Court filing just days ago, asserting that President Trump possesses both statutory and constitutional authority to impose these broad tariffs using emergency laws like the International Emergency Economic Powers Act, even without congressional approval. If the Supreme Court upholds that view, it could strengthen executive powers significantly and reshape the tariff landscape for the long term, with Canada a chief partner in the crosshairs. This legal debate is drawing attention across industries that rely on predictable US-Canada trade.In practical terms, listeners, the Trump administration temporarily lifted some Canadian tariffs recently, but challenges continue. The CPA Practice Advisor reports that US consumers now face an overall average effective tariff rate of 17.4%. Tariffs on Canadian steel and aluminum products remain notably high after earlier increases to 25%, and most previous exemptions for Western nations—including Canada—were scrapped. This has hit sectors such as auto manufacturing, building materials, and consumer goods particularly hard, as reported by Fisher Investments.Developers, manufacturers, and exporters on both sides of the border are reporting disrupted supply chains and delays. These tariffs have made project planning difficult and increased costs for businesses importing Canadian materials. There’s also a political angle: a recent National Post poll found that a majority of Canadians believe President Trump is unlikely to honor any new trade deal made between the US and Canada, which is adding to uncertainty and skepticism about future negotiations and the stability of existing agreements.Listeners, as we track the evolving situation, the big stories for Canada remain the durability of bilateral trade ties and the outcome of the legal fight over presidential tariff powers, which could set the tone for US-Canada economic relations in the years ahead.Thank you for tuning in. Remember to subscribe so you never miss an update. This has been a Quiet Please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, the latest chapter in US-Canada trade relations features a spike in tariff tensions, with direct impacts on Canadian businesses and consumers. As of August 7, 2025, President Donald Trump’s administration reinstated and expanded its reciprocal tariff policy, putting additional duties on countries including Canada. Under the current rules, Canadian goods not registered as compliant with the US-Mexico-Canada Agreement—often called the USMCA—are subject to steep tariffs: 35% for some items and 25% for others. These blanket tariffs have drawn accusations from Canadian officials, who argue that the moves violate the spirit and the letter of the USMCA, the regional trade pact meant to stabilize North American commerce and minimize such barriers.While the revised tariffs are somewhat lower than original threats announced earlier this year, they remain significant and have sent shockwaves through the Canadian economy. According to a modeling study discussed at The Conversation, the tariffs are expected to reduce US annual GDP by 0.36%, but also negatively impact Canada and other trading partners. The broader economic effects include a decrease in US merchandise imports and exports, disruptions in supply chains, and ultimately higher costs for both American and Canadian consumers and businesses.Canadian officials have responded with their own measures but, as the International Nut & Dried Fruit Council reported, Canada rolled back most of its retaliatory tariffs on US goods on September 1, 2025. This includes removing a 25% duty on US peanut butter and other American imports, aiming to ease some cross-border tensions and prevent further escalation. These policy adjustments reflect attempts by Canadian leaders to insulate domestic markets from additional price hikes and retail disruptions.Headlines across Canadian media in recent weeks have highlighted the ongoing “trade war,” with grocery costs in America skyrocketing in part due to steel tariffs, as reported on September 22, 2025 by CanCentral. Meanwhile, Canadian GDP growth in Ontario is forecast to slow to just 0.9 percent this year, with the effects of reduced box shipments and consumer spending signaling a challenging outlook. According to BMO Economics cited by CBC News, there is hope for a slight rebound in the coming months, but uncertainty looms as the USMCA review approaches and trade relations remain fraught.Listeners, as we continue to track these developments for Canada, expect ongoing headlines about tariff negotiations, sector-specific impacts, and political sparring between Ottawa and Washington. Thanks for tuning in to Canada Tariff News and Tracker! Be sure to subscribe for all the latest updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, here's the latest on Canada-U.S. tariff dynamics as of September 2025. This past spring, Canada imposed a 25% surtax on imported goods from the United States, targeting sectors like steel, aluminum, motor vehicles, wine, spirits, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and select pulp and paper products. These measures, introduced as a direct counter to American tariffs, affected more than $30 billion in annual imports from the U.S., according to EY Tax Alert 2025 No. 43.On September 1, 2025, Canada moved to repeal the United States Surtax Order (2025-1), effectively removing these tariffs from a wide variety of goods. The Department of Finance in Canada has updated its product list, so now only U.S. steel, aluminum, and motor vehicles remain subject to the 25% surtax. The decision to lift tariffs on other categories was met with support from Canadian businesses eager to see costs come down and supply chains run smoother—especially for sectors hit hardest by increased import prices.Meanwhile, U.S. tariffs on Canadian imports remain in the spotlight as the USMCA is up for review. According to a September 2025 WilmerHale client alert, the U.S. is currently applying sectoral tariffs—including a hefty 35% rate under the International Emergency Economic Powers Act and 50% tariffs on steel and aluminum, as reported by Handoff AI—though products compliant with USMCA are largely exempt from these country-specific charges. Still, Canadian steel, aluminum, copper, and softwood lumber are bearing the brunt of tariffs, meaning the cost of construction and consumer goods remains high for Americans. In fact, Handoff AI notes that steep U.S. tariffs on imported steel and aluminum—mostly sourced from Canada—are driving up material costs, with some tariffs doubling to 50% since June, hitting contractors and builders especially hard.The joint USMCA review, now getting underway, has Canadian and U.S. officials discussing possible reductions or removals on these key tariffs. Mexico and Canada are both hoping to negotiate terms that bring relief to automotive, metals, and industrial sectors, a move that could have significant economic ripple effects if Washington is receptive.One of the most contentious recent developments was Canada’s refusal to remit tariff surtaxes paid between March and August 2025—a policy Bloomberg Tax calls a 'bait and switch' that could be subject to legal challenges.In summary, Canadian tariffs on a wide range of U.S. goods were rolled back this month, but key sectors like steel, aluminum, and vehicles remain heavily affected. The U.S. continues enforcing some of its highest tariff rates in years on Canadian imports, with plenty of uncertainty as ongoing USMCA negotiations unfold Washington and Ottawa.Thanks for tuning in, listeners. Be sure to subscribe for your weekly update on Canada Tariff News and Tracker. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, here’s your latest update on Canada Tariff News and Tracker for September 17, 2025.The landscape of tariffs between Canada and the United States has shifted dramatically over the past few months. Starting August 1, the U.S. government, under President Trump, raised tariffs on a wide range of Canadian exports to 35%, up from the previous 25%. This increase does not affect goods covered by the USMCA, known as CUSMA in Canada, but targets many items outside that free-trade agreement, making business for a number of Canadian exporters much more expensive according to Smarter Loans. The Bank of Canada is warning that these tariffs could push core inflation higher in both 2025 and 2026, with recent analyses showing up to 80% of these higher costs being passed straight onto consumers.Canada initially fought back with its own counter-tariffs on U.S. goods, but just days ago, Ottawa rolled back most of these measures in an attempt to shield local businesses and consumers from worsening trade pressures. Steel, aluminum, and autos remain targeted, meaning these sectors are still in the crosshairs while both governments negotiate. Applied tariffs in Canada overall averaged around 3.4% last year, but peak at nearly 15% for agricultural goods, underscoring just how uneven these impacts are.Meanwhile, there’s breaking news on the future of North American trade. U.S. trade officials this week formally launched the review process for USMCA, which will be renegotiated next year as the 2026 mandatory joint review approaches, Axios reports. This process is expected to be contentious, especially with Trump's tariffs casting uncertainty over the continental trade framework. The Canadian Chamber of Commerce commented that the unpredictability of U.S. trade policy is making it difficult for Canadian businesses to invest and plan for the future, urging all parties to shore up confidence by improving the agreement itself.For Canadian listeners tracking real impacts: U.S. businesses are absorbing much of the pain, with retail prices on imported items rising only about 2% between October 2024 and last month, according to a blog from the Peterson Institute. However, the underlying volatility and risk premiums in supply chains are higher than ever, and businesses in both countries are still facing a moving target.To sum up, tariffs are sharply up on many Canadian goods except those protected under USMCA, Canada’s own counter-measures are now largely eased except for some key sectors, and North America’s trade pact is entering a tense review period—with major consequences for exporters, importers, and consumers on both sides of the border.Thank you for tuning in. Be sure to subscribe to stay up to date with all the latest on tariffs and trade. This has been a Quiet Please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, this is your update for Canada Tariff News and Tracker on September 15, 2025, focusing on the latest headlines, numbers, and context involving US tariffs under President Trump’s administration.The biggest news continues to be President Trump’s "Liberation Day" tariffs, a sweeping package of import duties announced on April 2, 2025. Trump signed Executive Order 14257, invoking a national emergency over the US trade deficit and authorizing broad new tariffs. Beginning April 5, a baseline 10% tariff applied to nearly all imports, with targeted higher tariffs rolling out after April 9, described by Trump as “reciprocal” measures matching other nations’ barriers. However, trade analysts widely reject that claim, noting that US rates often far exceed foreign levels and sometimes target countries with whom the US has no real deficit.For Canada specifically, as of August 7, 2025, the US imposed a country-specific "reciprocal" tariff rate of 35% on Canadian goods. This marks one of the highest US tariffs imposed on a major trade partner and exceeds both the baseline and previous rates announced just months earlier. Politico and Bloomberg News both point out that these are the most significant protectionist moves since the Smoot–Hawley Act of the 1930s.Canadian officials have responded with strong rhetoric and measured retaliation. There’s particular focus on energy as Canada moves forward with LNG expansion plans, aiming to diversify markets and offset US restrictions. Notably, legal challenges have hit the Trump tariffs hard: on May 28, the US Court of International Trade declared Trump’s tariffs illegal due to a lack of a rational connection between the emergency cited and the measures imposed, according to Thomson Reuters. A Washington DC court went further, holding that the law cited by Trump may not allow tariffs at all. Despite these defeats, tariffs remain in effect pending appeals.On the ground, you’re seeing prices rise for Canadian exports to the US, including lumber, metals, and automobiles, with a related 25% duty now hitting autos unless qualified under USMCA rules. US businesses that depend on Canadian imports report significant cost increases, and industry leaders warn cross-border investment could suffer long-term.With headline-grabbing increases, legal uncertainty, and shifting trade relationships, listeners, this is a pivotal moment in US-Canada economic ties. Be sure to follow the latest developments and how Canada is striking back, from legislative moves to energy expansion.Thanks for tuning in to Canada Tariff News and Tracker! Don’t forget to subscribe for future episodes.This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, here’s your essential update for the Canada Tariff News and Tracker podcast as of September 12, 2025.Canada made headlines on September 1st when Prime Minister Mark Carney announced the removal of retaliatory tariffs on United States goods covered by the United States-Mexico-Canada Agreement, including alcohol and other consumer products. This move aligns Canada with the US on USMCA-covered imports, easing tensions and supporting ongoing negotiations as the current agreement approaches its 2026 expiration. However, sectoral tariffs remain firmly in place: Canada is still imposing a 25 percent rate on US steel, aluminum, and autos, a position Carney says is essential to “preserving economic leverage” while discussions for a new bilateral trade deal continue. More than 75 percent of Canada’s exports go to the US, highlighting how critical trade stability is for Canadian jobs and growth according to Brauwelt International.Sources close to industry point out that the US, under President Trump, maintains a steep 50 percent tariff on most steel and aluminum imports – Canada included – as well as high duties on autos and copper. The Brookings Institution confirms these tariffs are part of Trump’s push for sectoral “trade deals,” with reciprocal tariffs now ranging from 15 to 50 percent on various products as of September 11th, per Baker Botts LLP’s latest tracker. Goods exempted from these new reciprocal tariffs include some agricultural products, aircraft parts, and minerals not produced in sufficient quantities in the US, but key Canadian manufactured exports are still hit hard.Economists at RBC report that Canadian goods exports to the US have dropped 5 percent year-over-year in July, driven almost entirely by tariffed items like steel, aluminum, aerospace, and auto parts. In fact, exports of steel and aluminum plunged 40 percent, while aerospace products fell 39 percent. RBC notes 88 percent of Canadian exports to the US are still duty-free due to CUSMA, but the remaining 12 percent face tariffs averaging up to 27 percent, causing real pain for Canadian manufacturers, transport, and warehousing sectors. Despite these headwinds, RBC cautiously predicts limited further deterioration for Canada’s economy as most exports remain protected by trade agreement exemptions.Meanwhile, Trump’s administration announced further changes to tariff policy this week, excluding certain critical minerals and pharmaceuticals from reciprocal duties, and signaling that future trade deals – including with Canada – may bring targeted tariff relief on key products. But ongoing trade monitoring and stepped-up enforcement mean the tariff environment remains volatile, prompting calls for tighter compliance from businesses relying on cross-border supply chains.To sum up, listeners: Canada’s removal of USMCA-linked tariffs marks a strategic pivot, but high sectoral tariffs on industrial goods remain, and US rates on Canadian exports still reach 15 to 50 percent on many items. The road to a new trade deal is uncertain, and key Canadian industries continue to feel the tariff sting. Stay tuned every week as we track the latest tariff headlines, trade negotiations, and their impact on the Canadian economy.Thank you for tuning in and remember to subscribe for your next Canada Tariff News and Tracker update.This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, today we’re tracking key developments in U.S.-Canada tariffs under the renewed Trump administration, focusing sharply on new tariff rates, government actions, and their direct impact on Canadian trade.President Trump announced earlier this summer his intention to increase the baseline reciprocal tariff rate to between 15 and 20 percent, which immediately placed Canada, one of America's largest trading partners, in the spotlight. These so-called reciprocal tariffs—meant to match or exceed the tariff rates imposed by U.S. trading partners—officially went into effect August 1 at 15 percent or higher for many countries, heavily penalizing nations like Canada that have a high degree of trade integration with the U.S., according to the Peterson Institute for International Economics.New U.S. tariffs now target Canadian-origin goods not compliant with USMCA rules of origin at a steep 25 percent rate, while certain energy products and potash from Canada face a slightly lower 10 percent tariff, as published by Sullivan & Cromwell’s September tariff tracker update. If Canadian exporters can prove USMCA compliance, their goods remain largely tariff-free, but for many products, especially in sectors like steel, aluminum, automobiles, and lumber, the revised or ongoing tariffs remain locked in.Trade Compliance Resource Hub reports that ongoing legal battles and executive orders further complicate the landscape. Earlier this year, President Trump signed an executive order to stop the stacking of multiple tariffs, meaning goods from Canada that are subject to automotive tariffs can’t also be hit with steel or aluminum duties. While this adjustment should bring some relief, the 25 percent tariff on certain goods remains a major barrier for Canadian companies reliant on U.S. buyers.Canada has begun to recalibrate its own response. The Business Council of Canada highlights that Prime Minister Mark Carney’s government recently removed some retaliatory tariffs on U.S. imports in a controversial move, citing high costs and minimal benefits. However, not all retaliation is off the table—Canada maintains defensive duties in key areas where U.S. tariffs still hit hardest.The economic effects are sharp. Global Affairs Canada notes a 5 percent rise in exports to the U.S. in July, but Canadian exports year-to-date are still down 2.9 percent compared to last year. Higher tariffs have pushed up prices for Canadian consumers, especially on food and other essentials, while also squeezing businesses caught in cross-border supply chains.With about 75 percent of Canada’s exports going to the U.S., stability and ongoing negotiation are essential. Experts agree that while tariff retaliation may offer short-term satisfaction, it is no substitute for meaningful dialogue and robust trade frameworks.Thanks for tuning in to Canada Tariff News and Tracker. Be sure to subscribe, and stay updated on all the latest trade headlines. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, welcome to Canada Tariff News and Tracker, your source for the latest developments shaping Canada-U.S. trade policy and tariffs.Today, tensions between Canada and the United States are at their highest since the last trade war, driven largely by new measures from President Trump’s administration. Since March, the U.S. has imposed 25% tariffs on steel, aluminum, and automobile imports, specifically targeting Canada — which remains America's largest supplier of these materials. This has sent shockwaves through Canadian industry, especially affecting steel, aluminum, and auto manufacturing. In response, Canada's government swiftly retaliated, enacting 25% tariffs on an additional $20.6 billion in American goods this spring and, by April, introducing a 25% tariff specifically on U.S.-made vehicles not compliant with USMCA requirements, according to reporting from Wikipedia’s entry on tariffs in the second Trump administration. Canada also suspended planned increases in retaliation as officials rushed to file for USMCA compliance, but the initial measures remain, signaling deepening tensions. The Wall Street Journal has described these moves as a profound shift in decades of economic integration between the allies, with ripple effects for both countries' economies.This friction is also affecting Canadian politics and industrial strategy. Mark Carney, Canada's newly elected Liberal Prime Minister, announced nearly $5 billion in supports for companies hit hardest, focusing on steel, autos, lumber, and aluminum. According to Investment Executive, Carney’s package includes funds to help companies adapt, expand into new markets, and reskill workers, as well as a “Buy Canadian” policy for federal procurement—requiring initial purchases of Canadian steel and lumber for government projects. Organizations like the Canadian Steel Producers Association have welcomed these moves, believing they could replace over 80% of imported steel in the domestic market. Yet, voices like the National Council of Unemployed Workers have warned that support for displaced workers has been uneven, and opposition parties say even more aggressive action is needed.On the policy front, tariffs now represent about 5% of U.S. federal revenue, up from just 2% before Trump's new measures. While President Trump had briefly delayed tariffs on USMCA-compliant goods, these exemptions are temporary and narrowly defined. By late August, Trump’s administration was also threatening to hike the overall reciprocal tariff rate to as much as 20%, adding further uncertainty according to the Trade Compliance Resource Hub.With U.S.-Canada trade now facing its most significant barriers in decades and Canada actively re-orienting its industrial strategy and workforce policy, both exporters and consumers are watching closely. Headlines across financial outlets and trade trackers underline: a new era of Canada-U.S. trade relations is here—with tariffs and political maneuvers setting the stage.Thank you for tuning in to Canada Tariff News and Tracker. Don’t forget to subscribe for all the latest updates and insights. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, today’s Canada Tariff News and Tracker brings you the latest on how recent U.S. trade policy—driven by President Trump’s administration—is reshaping Canada’s economy, key industries, and international relationships.The biggest headline this week remains the 25 percent U.S. tariff imposed on most Canadian exports, with an additional 10 percent duty on Canadian energy products. President Trump’s executive order from February cited national security and concerns over synthetic opioid flows from Canada as the rationale. The White House has also warned that any Canadian retaliation could be met with even broader U.S. tariffs. The impact expands across autos, steel, and aluminum—sectors that form the backbone of Canada’s exports to the U.S.This tariff escalation could not have come at a tougher time. The Royal Bank of Canada reports that Canada entered a technical recession mid-2025, with GDP shrinking by 1.6% in the second quarter after a 2% slide in the first quarter. Canadian exports plunged 7.5% in Q2, with auto exports down nearly 25%. Economists say this steep drop was not just predictable—it’s the intended effect of tariffs: reduce cross-border trade, shrink deficits, and force supply-chain realignment.The Canadian government is not sitting still. Prime Minister Mark Carney has unveiled a $6.15 billion aid package to protect beleaguered sectors. The Strategic Response Fund is allocating $5 billion for retooling and diversification, while the Regional Tariff Response Initiative is pushing $1 billion into small and medium-sized businesses. New workforce programs target re-skilling in affected industries, aiming to build resilience and reduce reliance on U.S. trade.Meanwhile, a $3.6 billion infusion is flowing specifically to the auto sector as the government delays its original zero-emissions vehicle targets and shifts toward preserving jobs and stabilizing investment. Automakers like Tesla have responded to the tariffs by hiking Canadian EV prices over 20%, fueling a collapse in demand for both electric and traditional vehicles. Faced with plummeting exports and climbing production costs—now up to 8% higher by year-end—auto giants such as Ford and GM are warning of additional price hikes or job cuts.On the ground, the “Build, Baby, Build” economic strategy is channeling half a trillion dollars into Canadian infrastructure. The plan aims to accelerate port, energy, and transportation projects, opening new markets in Europe and Asia and reducing our dependence on the U.S. for exports. While this marks a dramatic policy shift, environmental groups are raising alarms about the social and ecological costs.For Canadian consumers, the immediate effects are higher prices for everything from cars to groceries. Yale University’s Budget Lab estimates that tariffs will drive up the average price of consumer goods by nearly 2%, with particularly steep hikes expected on clothing and footwear. The broader risk is stagflation: higher costs, slowed growth, and rising unemployment, with Canada’s rate already hitting a nine-year high of 7.1%.Listeners, these are turbulent times for anyone tied to Canada’s export engines. As tariffs and countermeasures evolve, we’ll keep tracking how government relief and shifting trade policies play out on factory floors, family budgets, and capital markets.Thanks for tuning in to Canada Tariff News and Tracker. Don’t forget to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Today is Wednesday, September 3, 2025, and you’re listening to Canada Tariff News and Tracker, your source for the latest updates on tariffs and trade between the US and Canada. Let’s dive into the key headlines and numbers shaping trade this week.After months of turbulent negotiations, Canada has eliminated its 25 percent retaliatory tariffs on US goods as of September 1, according to a bulletin from Blakes. These tariffs, which covered around 30 billion Canadian dollars in imported US products, were originally imposed after US President Donald Trump ordered a 25 percent tariff on virtually all Canadian imports except energy, which faced a 10 percent rate. This 25 percent US tariff swept through not only steel and aluminum, but also vehicles and a wide range of consumer items, impacting Canadian industry and households across the board. However, Canadian tariffs on specific US steel, aluminum, and automotive imports remain in place for now, providing continued protection for sensitive sectors.Listeners will recall that Trump’s broad tariffs sparked a rapid and sharp response from Canada back in March. At the time, Canada retaliated with 25 percent tariffs on about 20 billion US dollars’ worth of American exports, with the option to escalate to cover as much as 85 billion in the future according to Wikipedia’s tariff timeline. Mexico joined the fray with plans for its own countermeasures. The ensuing trade war led to market volatility and slammed retailers and car manufacturers on both sides of the border.Trump responded in March by announcing exemptions for Canada–United States–Mexico Agreement, or CUSMA-compliant goods. More than 85 percent of Canadian exports qualified, resulting in most Canadian products entering the US tariff-free. Canada initially did not offer reciprocal exemptions but opted to pause the planned escalation of counter-tariffs. Now, with the complete removal of Canadian tariffs on September 1, most US goods are once again unimpaired in Canadian markets, although steel, aluminum, and specific vehicles remain restricted.It’s worth noting the legal drama unfolding behind these moves. According to reporting from YouTube business analysis and Canadian news outlets, a US federal court ruled many Trump tariffs unlawful earlier this year, but the White House leveraged emergency powers to keep them in effect while fighting a potential Supreme Court appeal. Meanwhile, new Canadian leadership under Prime Minister Mark Carney, elevated by anti-tariff sentiment, is shaping a more cooperative approach.One last note for listeners tracking market impacts: international analysts at CEPR report that the April tariff showdown triggered a marked US dollar depreciation and a surge in long-term bond yields, both rare for US–Canada trade disputes. This highlights how deeply these tariff battles are reverberating through currency and financial markets.Thanks for tuning in to Canada Tariff News and Tracker. Be sure to subscribe for continual updates on tariffs, trade policy, and market impacts—your tariff tracker for fast-moving cross-border trade news. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, here’s your essential Canada Tariff News and Tracker update for September 1, 2025. Major developments continue to reshape the trading landscape between Canada and the United States, with former President Donald Trump’s sweeping tariff regime front and center. After a turbulent eighteen months, U.S. tariff rates under Trump’s policies have reached an estimated average of 18.6% by August 2025 according to Wikipedia’s coverage of tariffs in the second Trump administration. Trump’s approach has deeply affected partners like Canada, which has responded forcefully.Back in February, Trump introduced broad-based U.S. tariffs on key Canadian sectors—steel, aluminum, and automobiles—significantly raising barriers for Canadian exporters. Canada hit back hard, imposing 25% retaliatory tariffs on $20 billion U.S. goods, later expanding these to nearly $30 billion. By March, both countries were in a full-blown trade dispute, impacting automotive manufacturers, retailers, and particularly cross-border agricultural trade.However, not everything is locked in confrontation. Newly-inaugurated Canadian Prime Minister Mark Carney announced at the end of August that, following talks with Trump, most of Canada’s counter-tariffs on U.S. goods would be reduced starting September 1. Exemptions remain in place for CUSMA—Canada-U.S.-Mexico Agreement—compliant goods, but Canada kept its 25% duties on American autos, steel, and aluminum. Carney’s government framed this as a move to “re-establish free trade for the vast majority of our goods,” even as the U.S. tariffs on Canadian products grew from 25% to 35% last month, with those higher rates staying in place for many Canadian exporters. Global News emphasizes these are the highest U.S. tariffs on Canadian exports in nearly two decades and the situation remains dynamic as further negotiations are underway.Meanwhile, the legality of Trump’s sweeping tariffs is under fierce judicial review. A 7-4 ruling by the U.S. Court of Appeals determined in late August that Trump had overstepped his authority by declaring national emergencies to justify these tariffs. CBS News and The Independent detail how Trump plans to appeal to the U.S. Supreme Court by October 14, leaving current tariffs in full effect for now. Trump called the ruling “highly partisan,” arguing on social media that eliminating tariffs would “destroy the United States of America.”The economic impact is unmistakable. By June 2025, U.S. export data showed a staggering 42.6% drop in exports to Canada compared to a year earlier, as reported by News From the States. Some industries in both countries, including Indigenous Canadian businesses, have even halted regular exports to the U.S. in light of uncertainty, according to BNN.Listeners, as U.S. and Canadian leaders negotiate and legal battles continue to unfold, Canada’s economy—and its vital trading relationship with the United States—hangs in the balance. With both nations watching closely for the outcome of Supreme Court deliberations and potential new tariff announcements, the coming months promise further volatility for cross-border businesses.Thank you for tuning in. Don’t forget to subscribe for ongoing updates wherever you listen to podcasts.This has been a Quiet Please production, for more check out quietplease dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, today’s top headlines on Canada Tariff News and Tracker center on a turbulent summer for cross-border trade as the United States, under President Trump, continues to escalate its tariff actions against Canada. The most significant development is a federal appeals court ruling in late August 2025 declaring that the majority of Trump’s tariffs—including key levies on Canadian imports—are illegal. The ruling cited that the president far exceeded his emergency powers, especially in imposing tariffs without Congressional approval, what the court called “unbounded in scope, amount, and duration,” according to TIME and widely reported by outlets like CTV and Global News. Despite this, those tariffs remain in effect until at least October 14, 2025, pending a Supreme Court appeal, with Trump vowing on social media to keep all tariffs in place and labeling the decision highly partisan.Currently, the overall U.S. tariff rate stands at an estimated 18.6% as of August 2025—a dramatic rise compared to pre-trade war levels, and tariffs now make up nearly 5% of American federal revenue, according to detailed Wikipedia tracking of Trump administration policy. Specific tariffs especially relevant to Canada include a 25% levy imposed on steel, aluminum, and US-made cars that do not meet the latest USMCA trade compliance standards. In retaliation, Canada has maintained a 25% tariff on $20 billion, or about $30 billion Canadian, in U.S. goods, and added fresh duties on another $20.6 billion worth of U.S. exports in March. These measures target everything from agricultural products to manufactured goods, intensifying the trade battle.The rapid changes have left both Canadian exporters and American importers facing a climate of deep uncertainty. As reported by CTV and Global News, financial markets have shown volatility, businesses are unsure how to plan for the fall, and carmakers are scrambling to ensure their vehicles are USMCA-compliant to avoid these high duties. Canadian officials had hoped exemptions under the USMCA would last, but Washington’s sudden moves and the threatened removal of these exemptions during next year’s trade renegotiations mean businesses are stuck in limbo.In addition, the political impact in Canada has been significant. Mark Carney’s victory in the April federal election is partly attributed to a surge in anti-Trump sentiment over these trade disputes and the threat to Canadian industry, as reported by coverage in the Wall Street Journal and Wikipedia.With high stakes for both economies and the Supreme Court due to weigh in by year’s end, listeners can expect tariffs, legal appeals, and policy uncertainty to remain front and center through the fall. For now, most tariffs—on both sides—remain active, fueling higher consumer prices, disrupted supply chains, and tense diplomatic exchanges.Thank you for tuning in to Canada Tariff News and Tracker. Be sure to subscribe for continued updates on all things tariffs, trade, and Canada-U.S. relations. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, it’s August 29th, 2025, and here’s the latest on tariffs and U.S.-Canada trade for our “Canada Tariff News and Tracker” podcast.In breaking news, Canada has announced it will remove its 25 percent retaliatory tariffs on United States goods that qualify as originating under the Canada-United States-Mexico Agreement, or CUSMA, effective September 1st. This decision, revealed by Canadian Prime Minister Mark Carney, means that if U.S. exports to Canada meet the CUSMA rules of origin—with proper certification—they’ll be exempt from these steep tariffs. However, it’s important to note that Canadian tariffs on U.S. steel, aluminum, and auto imports remain in place for now. These tariffs were originally imposed as retaliation after the Trump administration slapped a 25 percent tariff on most Canadian products this past March, except for energy, which remained at a 10 percent tariff.Responding to the tit-for-tat measures, President Donald Trump signed an executive order on March 7th exempting CUSMA-compliant goods from U.S. tariffs, which has allowed more than 85 percent of Canadian exports to the United States to enter tariff-free. Canada’s current move is seen as an effort to align its own policy with the CUSMA exemption and stabilize trade relations ahead of the 2026 review of the agreement. Importers now need to be vigilant in meeting CUSMA documentation requirements—compliance is essential to benefit from these exemptions.Turning to economic impacts, Statistics Canada reported today that the Canadian economy shrank 1.6 percent annualized in the second quarter, mainly due to a sharp drop in exports and business investment thanks to the surge in U.S. tariffs. The hardest hit exports were passenger cars and light trucks, which plummeted nearly 25 percent, with machinery and travel services also showing declines. Business investment in equipment saw its worst level since 2016 outside of the pandemic period. Imports from the U.S. fell as Canadian counter-tariffs discouraged U.S. companies, and travel spending dipped as Canadians stayed home during the ongoing trade dispute.Canada’s goods and services trade deficit has ballooned from just $800 million in the first quarter to $19.5 billion now, according to Statistics Canada. The once-healthy surplus with the U.S. shrank dramatically, while the effects rippled across multiple industries. Economist Moshe Lander of Concordia University noted that as exports drop, so does demand for labor, putting pressure on Canadian jobs.Looking ahead, Canada’s massive farm sector is watching nervously. While the Trump administration hasn’t yet directly targeted Canadian agricultural products with tariffs, the threat remains. Experts warn that if crop tariffs are imposed, revenues for Canadian farmers could be slashed and rural communities severely impacted, creating a domino effect across the supply chain.Listeners, that’s your update on what’s shaping U.S.-Canada tariffs today. Be sure to subscribe to stay informed on these evolving trade stories. Thanks for tuning in. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, major developments have unfolded this week on the US-Canada tariff front, offering new clarity as both countries recalibrate trade policy in the midst of the Trump administration’s ongoing tariff agenda. Prime Minister Mark Carney announced that Canada is removing most retaliatory tariffs on US goods, a move designed to match similar US tariff exemptions and now ensures over 85 percent of Canadian exports to the United States remain tariff-free. Carney framed the decision as a tactical step to preserve Canada’s trade advantage ahead of the critical USMCA review scheduled for 2026, while also maintaining vital tariffs on steel, aluminum, and autos as negotiations with Washington continue, according to CBT News.The US, under President Donald Trump, recently hiked tariffs on selected Canadian imports to 35 percent effective August 1st, a significant escalation from the prior 25 percent rate. The White House justified the increase by referencing unresolved disputes over drug enforcement and what it described as Canadian retaliation against US policies, as reported by GetTransport News. These new tariffs could have a major impact on pricing for Canadian businesses that don’t meet tight USMCA compliance and are already sending ripples through logistics and supply chain operations. The Canadian Chamber of Commerce has strongly criticized Washington’s approach, warning that unpredictable trade relations are undermining business confidence.Tariffs initially put in place by former Prime Minister Justin Trudeau in March covered a broad range of US goods, from oranges and alcohol to motorcycles and cosmetics. With the rollback, items like household appliances, consumer foods, and clothing are expected to drop in price for Canadian households and firms, offering some relief after months of rising costs. Michael Campbell, a leading Canadian financial analyst quoted by Global News, said “No matter which side of the border you’re on, tariffs are a bad deal for consumers and businesses because they pay the tariff, no matter which country.”Not everyone is pleased by the Canadian government’s softer approach. Major unions and political opposition figures say the government is caving to US pressure and failing to stand up for Canadian workers in key sectors like autos and steel. However, Goldy Hyder, president of the Business Council of Canada, described the move as pragmatic and the focus now firmly on securing a successful review and renewal of the US-Mexico-Canada Agreement.Despite the heightened rhetoric, Prime Minister Carney insists his government is not appeasing Washington, noting that the new exemptions simply align with US carve-outs and are not unilateral concessions. Economists believe the rollback could help ease cost pressures for both businesses and households who have been battling inflation and supply chain woes since the first round of tariffs earlier this year.Listeners, thanks for tuning in and don’t forget to subscribe to Canada Tariff News and Tracker for more timely updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, fresh headlines from the Canada-U.S. trade front show a dramatic turn in 2025. As announced by Prime Minister Mark Carney, Canada has officially removed nearly all of its retaliatory tariffs on American goods this summer, citing a renewed commitment to the core Canada-U.S.-Mexico Agreement, or CUSMA. This move covers over 85 percent of cross-border trade and marks a decisive stabilization in economic relations between the two countries.According to CTV National News, Canadian government officials described this de-escalation as a lifeline for sectors like automotive and steel, which have faced mounting pressure in recent years. With the U.S. maintaining some sector-specific 50 percent tariffs on Canadian steel and aluminum imports, these industries are still navigating a tightrope. However, most U.S.-bound Canadian exports now benefit from tariff-free treatment under CUSMA, providing much-needed relief for automotive suppliers such as Magna International and energy exporters who largely comply with the agreement.The U.S. side, under President Trump, responded with a measured welcome. In a statement picked up by OPB and multiple market outlets, Trump told Canadian leaders, “We want to be very good to Canada,” but also confirmed that the average U.S. tariff rate on Canadian goods stands at 5.6 percent, the lowest among all U.S. trading partners. While the majority of Canadian goods flow south without tariff barriers, new 50 percent tariffs on copper and other metals as well as 10 to 25 percent tariffs on selected energy exports were imposed at the start of August. The Trump administration has also signaled intentions to review and possibly renegotiate parts of USMCA in 2026, injecting a sense of uncertainty for Canadian exporters in future planning.AInvest reports that the Bank of Canada views the elimination of most retaliatory tariffs as a powerful lever to restrain inflation. With lower trade friction, the bank is now positioned to cut interest rates further, potentially reaching a neutral policy rate of 2.25 percent by early 2026. Historical examples suggest this kind of tariff relief can reduce inflation by as much as 75 percent within eighteen months, which could also boost equity and bond valuations, particularly in trade-exposed sectors.Market data from VT Markets underscores that Canada’s decision has already strengthened the Canadian dollar. However, the mixed outlook on targeted U.S. trade actions, and increased options volatility, highlight that investors and businesses should remain alert to fresh negotiations and announcements—especially with the 2026 USMCA review on the horizon.Thanks for tuning in to Canada Tariff News and Tracker. Don’t forget to subscribe to stay informed on every trade twist and tariff headline. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, welcome to Canada Tariff News and Tracker, your daily source for up-to-the-moment coverage on tariffs, trade policy, and cross-border impact. Major developments continue to unfold between the United States and Canada as President Donald Trump’s tariff policy emboldens a new phase in North American trade.As of August 1st, the Trump administration escalated its trade war by imposing a 35 percent tariff on all Canadian goods entering the United States. Prior to this move, the U.S. had already raised tariffs to 25 percent on most Canadian imports—with previous exemptions for goods covered under the USMCA. These latest measures follow months of warnings and negotiations. The White House publicly stated the new tariffs are a direct response to what President Trump called Canada’s failure to curb the flow of fentanyl and other illicit drugs into America. Trump posted an open letter to Prime Minister Mark Carney, saying, “These Tariffs may be modified, upward or downward, depending on our relationship with your Country,” putting further adjustments on the table as the two governments continue to spar.On its part, the Canadian government swiftly struck back with retaliatory tariffs on $30 billion worth of U.S. goods, later escalating to $155 billion as tensions mounted, according to a timeline compiled by Wikipedia. Canada targeted a wide spectrum of American exports, from agricultural products to machinery and vehicles, effectively raising the stakes for provincial businesses and U.S. exporters alike. In a recent “productive and wide-ranging” call between Trump and Carney, both leaders acknowledged ongoing challenges and agreed to reconvene soon, yet no breakthrough has been reported.Canadian industries have been quick to feel the impact. The Financial Accountability Officer for Ontario reported that just in the second quarter of 2025, 38,000 industrial jobs were lost in the province, with manufacturing hit the hardest. The unemployment rate in Ontario surged to 7.8 percent, marking the highest figure since 2012 outside the pandemic period. Small businesses too are under immense pressure, as the Canadian Federation of Independent Business estimates that about 40 percent of small enterprises may not last the year if current conditions hold.Meanwhile, analysts at the Fraser Institute point out that Trump’s erratic tariff measures have rocketed the average U.S. tariff rate from just 1.5 percent before his first term to as high as 28 percent in April, pushing the U.S. in global rankings from a frontrunner in trade freedom closer to the bottom of the pack. This volatility is not just squeezing Canadian exporters, but also raising costs and creating uncertainty for American manufacturers who rely on Canadian inputs.With all this, cross-border travel is also showing a decline—500,000 fewer Canadians visited New York in July compared to last year, a drop of 22 percent—signaling broader rifts in north-south economic activity.Listeners, that’s your comprehensive update on tariffs and trade tensions between the U.S. and Canada as of Friday, August 22, 2025. We’ll continue tracking every development so you stay informed. Thank you for tuning in, and don’t forget to subscribe to Canada Tariff News and Tracker. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, welcome to Canada Tariff News and Tracker. Today’s update is packed with key developments impacting trade between the United States and Canada, especially under the evolving Trump administration tariff policies.As of August 2025, the United States has implemented a new round of tariffs, and Canada is right in the crosshairs. Since August 1, Canadian products entering the U.S. are subject to a 35% tariff, although many goods that qualify under the United States-Mexico-Canada Agreement, also known as the USMCA, remain exempt. However, for items outside the agreement, that 35% rate marks one of the sharpest hikes Canada has faced in decades. According to trade tracking portals like ZhenHub and recent memoranda from U.S. executive orders, the 35% tariff is part of the so-called “reciprocal tariff regime” that President Trump introduced this year.The timeline for these developments dates back to early 2025. In February, the United States briefly paused fresh tariffs for Canada, but by midsummer, pressure from “America First” stakeholders prompted the White House to reinstate and even intensify these measures. The Trump administration’s approach is to adjust tariffs week by week as negotiations unfold or retaliation from trade partners ramps up. Official U.S. government releases confirm the baseline tariff for many countries is 10%, but Canada, along with select others, sees far higher rates due to ongoing disputes and the push for reciprocity.For listeners in Canada’s manufacturing sector, especially those exporting to the United States, news from July 31 is also significant on the import front. The Canadian government imposed a 25% surtax on certain steel and aluminum goods being imported for commercial use, especially if the raw materials are melted, poured, or cast in China. This measure is designed to prevent foreign steel—especially redirected products originally destined for the U.S.—from flooding the Canadian market after being pushed out by recent U.S. tariffs. Canadian importers now face not only administrative hurdles but also the risk of higher costs if they can’t prove the country of origin for these raw materials.The big picture, as outlined by the Atlantic Council and financial analysts tracking trade, is a continually shifting landscape. Both governments reserve the right to review, modify, and even escalate these trade actions as negotiations continue. In short, listeners can expect further adjustments and plenty of uncertainty, especially as other countries respond and reciprocal actions ripple across the globe.Thanks for tuning in to this episode of Canada Tariff News and Tracker. Be sure to subscribe so you never miss the latest on tariffs, trade, and policy developments that hit home. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI