April 27, 2025
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Canada announces retaliatory tariffs on nearly $30bn worth of US imports

Canada announces retaliatory tariffs on nearly bn worth of US imports

Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports

Canada announced retaliatory tariffs on nearly $30bn worth of American imports after US tariffs on steel and aluminum imports went into effect on Wednesday.

The Canadian government said it will be following a “dollar-by-dollar” approach and institute 25% tariffs on American imports, including steel, computers and sports equipment.

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