(COMBO) This combination of pictures created on March 12, 2025 shows Mark Carney, former governor of the bank of Canada, in Montreal, Canada, on February 25, 2025 and US President Donald Trump speaks to reporters after landing at the Palm Beach International Airport in West Palm Beach, Florida on February 16, 2025 after attending the Daytona 500 car race earlier in the day. (Photo by ANDREJ IVANOV and ROBERTO SCHMIDT / AFP)
Ottawa, Canada — Canada on Wednesday announced additional tariffs on Can$29.8 billion ($20.7 billion) of US goods, retaliating against sweeping American levies on steel and aluminum.
“We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,” Canadian Finance Minister Dominic Leblanc told reporters.
READ: Steel at heart of new Trump trade war
He called US President Donald Trump’s 25 percent steel and aluminum tariffs implemented Wednesday “completely unjustified, unfair and unreasonable.”
Leblanc said Canada will be imposing on Thursday 25 percent tariffs on a new list of US goods that include steel products worth Can$12.6 billion, aluminum worth Can$3 billion, and products ranging from computers to sports equipment.
The new measures are in addition to a 25 percent tariff on US goods worth Can$30 billion that Ottawa imposed earlier this month in response to Trump’s initial round of trade levies against Canadian products.