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.
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Canada says most tariffs on US remain in place
Ottawa: Canada's finance minister says the government is keeping 25% retaliatory tariffs on tens of billions of US dollars in US goods, disputing a report from a research firm that suggested it had paused the vast majority of those levies.
·Malaysia
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Total News Sources12
Leaning Left2Leaning Right3Center3Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 25%
C 38%
R 38%
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