Supreme Court Ruling on Trump Tariffs Leaves Key Canadian Levies Intact
The Supreme Court struck down the 35 percent tariff on most Canadian exports to the United States, but the 50 percent duties on Canadian steel — which have contributed to layoffs at Algoma Steel — remain in place. Mr. Trump had largely excluded goods that qualified under the United States‑Mexico‑Canada Agreement, so much trade remained untouched; the Royal Bank of Canada estimates 89 percent of Canadian exports to the United States went tariff‑free last month.
Prime Minister Mark Carney has estimated the effective tariff rate at about 5.5 percent, and others have put it as low as 3.1 percent. Crucial sectoral levies were not before the court. Cars, trucks and buses face a 25 percent tariff, steel and aluminum remain at 50 percent, and additional duties on softwood lumber persist.
Canada
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