Finance Canada has decided to exclude seafood and fish items from the list of counter-tariffs in response to feedback from Canadian industries. This move aims to safeguard against broader negative economic impacts. The announcement of these changes was made by Finance Canada late on Wednesday, with no additional specifics provided.
In reaction to the recent tariffs imposed by U.S. President Donald Trump, Ottawa unveiled its initial actions on Tuesday. These measures involve increasing tariffs on American steel and aluminum goods from 25% to 50%. Additionally, tariffs ranging between 15% and 50% will be applied to various other U.S. exports, such as clothing, appliances, and dairy products.
U.S. Trade Representative Jamieson Greer has warned that any further retaliation from Canada could provoke a response from the Trump administration. Greer emphasized that they would not passively endure additional Canadian actions.