Trump says dairy, lumber tariffs on Canada may come soon
The Hindu
President Trump threatens reciprocal tariffs on Canadian dairy and lumber, escalating trade tensions with Ottawa.
U.S. President Donald Trump said Friday (March 7, 2025) that he could impose reciprocal tariffs on Canadian dairy and lumber within days — a move set to fuel tensions with Ottawa just days after an earlier wave of levies.
Since taking office in January, Mr. Trump has unleashed a series of tariffs and threats targeting U.S. allies and adversaries, including duties of up to 25% on imports from Canada and Mexico.
On Thursday (March 6, 2025), he provided the vital trading partners temporary reprieve, exempting goods coming in from both countries under a North American trade pact.
But he has vowed broader "reciprocal tariffs" as soon as April 2, aimed at remedying practices that Washington deems unfair.
Also Read | Trump backs off Mexico, Canada tariffs after market blowback
Mr. Trump also signalled that reciprocal levies could come as soon as Friday (March 7, 2025): "Canada has been ripping us off for years on tariffs for lumber and for dairy products."
"They'll be met with the exact same tariff unless they drop it, and that's what reciprocal means," the president added.
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