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Trump Says He May Hit Canada With Dairy, Lumber Tariffs Soon
Posted
March 7, 2025
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March 7, 2025
28,293
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0:16Now PlayingPresident Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday, threatening again to disrupt trade with a major US partner and reigniting a fight over two industries that have long been the center of cross-border disputes.
“Canada has been ripping us off for years on tariffs for lumber and for dairy products. 250% — nobody ever talks about that — 250% tariff — which is taking advantage of our farmers. So that’s not going to happen anymore,” Trump said Friday in the Oval Office.
“They’ll be met with the exact same tariff unless they drop it, and that’s what reciprocal means. And we may do it as early as today, or we’ll wait till Monday or Tuesday, but that’s what we’re going to do. We’re going to charge the same thing. It’s not fair,” he added.
Trump’s comments cap a tumultuous week that saw him impose 25% tariffs on the largest US trading partners, Mexico and Canada, and double levies against the world’s second-largest economy, China, to 20%. Those moves sparked worries that Trump’s sweeping trade agenda would further strain a US economy facing headwinds that include stagnating factory activity, still simmering inflation and ebbing consumer confidence.
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