Canada relaxes U.S. tariffs with targeted exemptions in place
Thursday, May 15, 2025, 9:22 am
Canadian authorities have scaled back retaliatory tariffs on U.S. goods, leaving only select items such as juices, alcohol, clothing, and cosmetics subject to duties. This calculated easing signals a strategic pivot in trade policy as officials balance economic interests amid ongoing cross-border tensions.
Tariffs on some US goods remain, including on food items such as orange juice, alcohol and coffee, as well as clothing and cosmetics
'It’s a very strategic approach from a new PM to say, ‘We’re not going to have a retaliation,’' says Tony Stillo, Oxford’s director of Canada economics
permalink / 2 stories from sources in 9 days ago #trade #usrelations #tariffs #canada
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