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.

torontosun.com / Canada’s retaliatory tariffs on U.S. drop to ‘nearly zero’ with exemptions

Tariffs on some US goods remain, including on food items such as orange juice, alcohol and coffee, as well as clothing and cosmetics

nationalpost.com / Canada’s new tariffs on U.S. drop to ‘nearly zero’ with exemptions: Oxford Economics

'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 29 hours ago #trade #usrelations #tariffs #canada

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