Market Chatter: Canada to Impose Over $20 Billion in Tariffs on US-March 2024-www.financetom.com

Market Chatter: Canada to Impose Over $20 Billion in Tariffs on US

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Market Chatter: Canada to Impose Over $20 Billion in Tariffs on US

Mar 12, 2025 5:31 AM

08:13 AM EDT, 03/12/2025 (MT Newswires) -- Canada will declare 29.8 billion Canadian dollars ($20.68 billion) in retaliatory tariffs on the US later Wednesday as a response to the Trump administration's steel and aluminum tariffs, Reuters reported, citing an unnamed Canadian official.

The press office of the Canadian government's international affairs division did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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