Canada will impose 25% reciprocal tariffs against the U.S. starting Thursday, according to Dominic LeBlanc, Canada's minister of finance and intergovernmental affairs.
Canada's new duties cover an additional $29.8 billion of imports from the U.S., roughly half being tied to steel and aluminum products. Other affected goods include computers, sports equipment and cast iron products, LeBlanc said Wednesday.
The move is in response to U.S. tariffs of 25% on steel and aluminum imports that took effect Wednesday and adds to the two countries' ongoing trade dispute. The tariffs levied by the U.S. also apply to "steel and aluminum content in certain derivative products," and Canada may impose further duties in response to that measure, LeBlanc said.
"With these most recent tariffs on Canadian steel and aluminum, the U.S. administration is once again inserting disruption and disorder into an incredibly successful trading partnership and raising the costs of everyday goods for Canadians and American households alike," LeBlanc said.
The tariffs will build upon existing 25% tariffs on $30 billion of U.S. imports, which were levied after the Trump administration put the same level of duties on Canada imports March 4. The scope of the U.S.' tariffs has since been reduced, with the White House pausing the added duties on imports that comply with the United States-Mexico-Canada Agreement until April 2.
The European Union is also striking back against the Trump administration's steel and aluminum tariffs, with the European Commission planning countermeasures against U.S. exports worth up to 26 billion euros.