Most tariffs on US remain, says Canada

CANADA'S FINANCE MINISTER said the government kept 25% retaliatory tariffs on tens of billions of dollars in US goods, disputing a report from a research firm that suggested it had paused the vast majority of those levies.

- BLOOMBERG

Francois-Philippe Champagne said 70% of the counter-tariffs implemented by Canada in March are still in place, according to a social media post Saturday. The government "temporarily and publicly paused tariffs" on some items for health and public safety reasons, he said.

The 70% figure implies that Canada continues to charge tariffs on about C$42 billion ($30.1 billion) of US exports to Canada, excluding automobiles.