See the Full Picture.
Published loading...Updated

Canada Says Most Tariffs on US Remain, Pushing Back on Oxford Report

  • Canada's finance minister François-Philippe Champagne stated on May 17, 2025, that 70% of retaliatory tariffs on U.S. Goods remain in place following their March implementation.
  • Canada introduced these 25% countertariffs, including on vehicles and steel, to respond to U.S. Tariffs imposed under President Donald Trump, amid conflicting reports about tariff pauses.
  • Although certain goods related to health, safety, and manufacturing are exempt, Canada still maintains tariffs on roughly 30 billion U.S. Dollars’ worth of American exports, excluding vehicles.
  • Champagne challenged a May 13 Oxford Economics report suggesting most tariffs were paused, affirming that Canada maintained tariffs on 70% of targeted U.S. Goods to “cause maximum pain.”
  • This sustained tariff policy reflects Canada's strategy to pressure the U.S. While providing limited exemptions, signaling ongoing trade tensions despite recent government adjustments.
Insights by Ground AI
Does this summary seem wrong?

12 Articles

All
Left
2
Center
3
Right
3
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources are Center, 38% of the sources lean Right
38% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Sunday, May 18, 2025.
Sources are mostly out of (0)