President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday, threatening again to disrupt crossborder trade.
President Trump threatened to impose reciprocal tariffs on Canadian lumber and dairy products, potentially as early as Friday, reigniting trade disputes between the US and Canada. This follows a week of tariff impositions on Mexico, Canada, and China, causing economic concerns. While delaying tariffs on Mexican and Canadian goods under a trade agreement until April 2nd, Trump still plans further tariffs on Canada, including lumber, dairy, steel, and aluminum. Canada's Trade Minister called the potential dairy tariffs "completely unjustified."