American and Canadian Tariffs
Information monitoring
Export customs tarifss
TUESDAY, FEBRUARY 4TH 2025 - Canada gets a one-month-delay.
- The proposed customs duties are suspended for 30 days while both countries collaborate on these initiatives.
Justin Trudeau announces a $1.3 billion border plan, including helicopters, technology, additional personnel, and increased cooperation with the United States to secure the border and combat fentanyl trafficking. - Canada and the United States will launch a joint task force against organized crime, fentanyl trafficking, and money laundering, supported by $200 million for intelligence services.
- Nearly 10,000 agents will be deployed, and a fentanyl "czar" will be appointed; Mexican cartels will be added to the list of terrorist entities
SATURDAY, FEBRUARY 1st 2025 - Impose tariffs to combat the flow of illicit drugs crossing our northern border
National Emergency Declaration: President Trump expands the national emergency to include the opioid crisis and Canada's role in illicit drug trafficking, particularly fentanyl.
Imposition of Tariffs on Canadian Products: An additional 25% tariff is applied to most Canadian products, while energy resources are subject to a reduced tariff of 10%.
Strengthening Customs Measures: Tariff exemptions for small shipments are removed for Canadian products, and no duty drawback will be granted.
Surveillance and Cooperation: The Department of Homeland Security will monitor Canada's cooperation and provide advice on lifting tariffs if sufficient progress is made.
Sanctions in the Event of Retaliation: If Canada imposes tariffs in response, the United States reserves the right to increase or expand tariffs to maintain their effectiveness.
WEDNESDAY, FEBRUARY 5th 2025 - Announcement from the Prime Minister of Canada, the Honorable Justin Trudeau
Prime Minister Justin Trudeau announced the holding of the Canada-United States Economic Summit on February 7, 2025.
This event will be organized with the members of the Canada-U.S. Relations Council in Toronto.
The goal will be to bring together sectoral expertise to explore ways to grow the Canadian economy, facilitate housing construction, promote domestic trade, diversify export markets, and boost productivity
The Canada-United States Economic Summit will build on the work of the Prime Minister’s Council on Canada-U.S. Relations and will bring together Canadian leaders from the fields of trade, business, public policy, and labor unions.
TUESDAY, FEBRUARY 4th 2025 - Reaction from the Premier of Quebec, Mr. François Legault
The Premier of Quebec, François Legault, expressed concerns about a tariff threat that affects the economy of Quebec and Canada.
The Premier stresses the need for a collective effort and increased determination to overcome this economic crisis.
Despite the delay in tariffs, economic uncertainty, exacerbated by Mr. Trump's actions, continues to negatively impact investments and the economy.
François Legault calls for a swift renegotiation of the free trade agreement with the United States, rather than waiting for the scheduled review in 2026.
He emphasizes the importance of the economy in funding essential sectors such as health, education, and culture, and how it is crucial for realizing the province’s ambitions.
SATURDAY, FEBRUARY 1st 2025 - Announcement from the Prime Minister of Canada, the Honorable Justin Trudeau
Canada is implementing counter-tariffs of 25% on goods totaling $155 billion in response to U.S. measures deemed unjustified.
The first phase will target $30 billion worth of products starting on February 4, 2025 (including food products, alcoholic beverages, clothing, household appliances, and motorcycles). A comprehensive list of these goods will be available soon.
The government plans measures to mitigate the impact of these counter-tariffs on Canadian businesses and workers, including targeted exemptions and financial support programs.
A second wave of tariffs will apply in 21 days to give Canadian businesses time to adjust and will cover an additional $125 billion worth of goods.
SATURDAY, FEBRUARY 1st 2025 - Reaction from the Premier of Quebec, Mr. François Legault
Many Quebec businesses will be severely impacted, and the Quebec government is committed to supporting them. It is estimated that more than 100,000 jobs could be lost in Quebec.
The President of the Treasury Board, Ms. Sonia LeBel, has been tasked with reviewing all U.S. companies that bid or work with the Quebec government in terms of supply. These companies will be penalized.
The Premier hopes that Quebec businesses will view this difficult situation as an opportunity to develop new markets and new products.
Investissement Québec and the CPDQ have also been in discussions with the government to accelerate development projects.
Important
After the announcement of a thirty-day reprieve on the imposition of tariffs by the United States, the Canadian government also suspended the imposition of any tariffs on U.S. imports.
It has also put on hold the 21-day consultation period intended to define the U.S. products worth $155 billion that would have been subject to tariffs.
However, this list still exists, and organizations are encouraged to contact the government directly to refine it.
Customs Tariffs - Aluminum and Steel
MONDAY, FEBRUARY 10th 2025 - Adjusting Imports of Steel into the United States
- Reinstatement of General Tariffs on Steel and Aluminum: The decree signed by President Donald Trump on Monday, February 10, ends special agreements (quotas, exemptions, differentiated tariffs) previously established with countries such as Canada, Mexico, South Korea, Japan, the United Kingdom, the EU, Australia, Argentina, Brazil, and Ukraine. Starting March 12, 2025, aluminum and steel (and their derivatives) from these countries will again be subject to the initial 25% additional tariff.
- Extension of Tariffs to Additional Derivatives: Some processed steel products (derivative items that were not initially covered) will now be subject to these tariffs. Imports of high-steel-content products will have to pay these duties if the steel used was not melted and poured in the United States.
- Abolition of the Exclusion Process: The mechanism that allowed certain products to be excluded due to insufficient availability or quality in the U.S. is canceled. Exclusions already granted will automatically expire at the deadline or once the authorized quantity has been imported, and all general exclusions will end on March 12, 2025.
- Strengthening Customs Controls: The government plans to strengthen customs controls, particularly to penalize any circumvention (through transformation or reclassification of products) aimed at bypassing the tariffs. Authorities will impose maximum penalties for false origin declarations or misrepresentation of steel composition
