Energy Markets
Canada's response to US tariffs
Canada is planning additional retaliation against the U.S. tariffs on autos and tariffs reciprocal to those imposed by President Donald Trump. These actions are scheduled for April. Mark Carney, the Canadian Prime Minister, said that he has not yet decided what he will do. actions Canada might take , however. Trump imposed tariffs of 25% on goods that were not compliant with the U.S. Mexico Canada free trade agreement, but deferred a 25% tariff for most Canadian goods by 30 days. He then imposed tariffs Steel and Aluminum Imports will be allowed on March 12. Here are the retaliatory actions...