Canada is firing back at the U.S. with a dollar-for-dollar counterpunch, rolling out $29.8 billion in retaliatory tariffs on American steel, aluminum, and a slew of everyday goods. The move comes as U.S. President Donald Trump’s 25% tariffs on Canadian steel and aluminum kicked in on March 12, 2025, sparking what Foreign Affairs Minister Melanie Joly calls a no-win trade war.
Set to take effect at 12:01 a.m. on March 13, Canada’s tariffs target $12.6 billion in U.S. steel products and $3 billion in aluminum, plus an extra $14.2 billion in American imports ranging from tools to sports gear. “This isn’t a game—Trump’s tariffs are jacking up costs for families on both sides of the border,” said Finance Minister Dominic LeBlanc, flanked by Joly and Industry Minister Francois-Philippe Champagne at a fiery Ottawa press conference.
The trio didn’t mince words: Trump’s latest trade salvo—now hitting derivative steel and aluminum products too—is “unfair” and “disruptive.” Canada’s ready to escalate further if needed, with officials already eyeing more U.S. goods to slap with duties.