Canada temporarily hangs part of customs duties on American imports
These fees are due to decisions taken by the government of Canadian Prime Minister Mark Carne in response to the American customs duties imposed on Canadian goods, especially in the car, steel and aluminum sectors. The Canadian response included the imposition of customs duties on billions of dollars from the United States.
Reducing the drawings quietly
Despite reports indicated that Canada has already reduced the fees to “nearly zero”, Canadian Finance Minister Francois Philip Champan denied these allegations, stressing that 70% of the fees are still valid, including about 43 billion Canadian dollars in American commodities.
The opposition leader, Pierre Boulayver, was based on an economic report in which he accused the government of quietly reducing the fees without informing public opinion, which he considered a detracting from the Canadian position towards American trade policies.
In response, Minister Shampban’s office stressed that temporary customs exemptions have been applied to some of the goods used in vital sectors such as health, food packaging, and public safety, for a period of only 6 months, to provide the opportunity for Canadian companies to modify supply chains and reduce their dependence on American suppliers.
The largest commercial response in the history of Canada
Canada continues to impose comprehensive customs duties on a number of American goods, as part of what the government described as “the largest commercial response in the history of Canada”, aimed at achieving a balance between firm response and reducing harm to the national economy.
Canada directed about 75% of its exports to the United States, and economic reports showed that the customs duties imposed by US President Donald Trump are still casting a shadow over the Canadian economy, at a time when Ottawa is seeking to preserve its commercial interests without complete escalation.
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