Canada will not stand by as the United States imposes unjustified and unreasonable tariffs on Canadian goods. In response, we are moving forward with 25 per cent tariffs on $155 billion worth of imported U.S. products. We will protect Canadian interests and support our workers and industries.
Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, unveiled the full list of items covered by tariffs on $30 billion in goods imported from the U.S., the first phase of Canada's response to unjustified U.S. tariffs on Canadian goods.
It will be effective February 4, 2025, when the U.S. tariffs are applied. The list includes products such as beverages, cosmetics and paper products.
As announced yesterday, the government also intends to impose tariffs on an additional list of imported U.S. products, worth $125 billion. This second list will be made available in the coming days, for a 21-day public comment period prior to implementation. It will include products such as passenger vehicles, trucks and buses, steel and aluminum products, certain fruits and vegetables, aerospace products, beef, pork, dairy products, and more.
The government is also taking steps to mitigate the impact of these countermeasures on Canadian workers and businesses. It is launching a remission process for Canadian businesses to request exceptional relief from the tariffs that are imposed as part of Canada's response to the U.S. applying unjustified tariffs on Canada.
All options remain on the table as the government considers additional measures, including non-tariff options, should the U.S. continue to apply unjustified tariffs on Canada.
The tariffs imposed by the U.S. administration are unjustified, and detrimental to both Americans and Canadians. Working with provincial, territorial and industry partners, our singular focus is to get them removed as quickly as possible. Until then, our response will be balanced and resolute.
