Canada removes surtax on certain U.S. goods

Canadian importers may benefit from Canada’s recent removal of many of the retaliatory tariffs on imports of U.S. goods effective September 1, 2025. Despite this change, Canada said its retaliatory tariffs (i.e., surtax) will remain in place for imports of U.S. aluminum, steel and automobiles. These changes were announced on August 22, 2025.

Canada also announced it will launch public consultations in September 2025 to obtain stakeholder feedback on the global trade environment prior to the review of Canada-United States-Mexico Agreement (CUSMA), scheduled to occur at the end of June 2026.

Download this edition of the TaxNewsFlash to learn more.