U.S. President Donald Trump’s executive order hit Canada and Mexico with 25 per cent across-the-board tariffs, with a 10 per cent levy on Canadian energy.
Trucks carrying cargo containers arrive at the Port of Vancouver Centerm container terminal, in Vancouver, on Friday, October 14, 2022. THE CANADIAN PRESS/Darryl Dyck
Canadians confused about Trump’s plans aren’t alone, with the U.S. president at times contradicting himself about his own tariff plans. Trump’s Feb. 1 order also imposed 10 per cent tariffs on goods entering the U.S. from China, which have gone ahead. On Feb. 10, he signed a plan to institute 25 per cent tariffs on all steel and aluminum entering the U.S., ending previous exemptions for Canada.The new taxes on steel and aluminum would stack on top of the existing tariffs.
That date does not come with an imposition of any tariffs by default, but does direct Trump’s administration to begin examining the Canada-U.S.-Mexico Agreement, which Trump signed in 2018, ahead of a planned 2026 review.In a Feb. 27 Truth Social post, Trump said that April 2 would mark the start of “reciprocal” tariffs, which would apply to goods coming in from countries that have tariffs on U.S. goods.
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