Canada has announced new tariffs on U.S. computer and sports equipment imports amid the ongoing trade war.
The latest move comes hours after President Donald Trump’s 25% tariff on Canadian steel and aluminum came into effect.
Canadian Finance Minister Dominic Leblanc said on Wednesday that the list of products affected by the new tariffs includes computers, sports equipment and cast iron products.
LeBron said: “Today, I announce that the Canadian government will impose an additional CAD 29.8 billion (USD 20.7 billion) import tax rate as of March 13, 2025, tomorrow at 12:01 am on March 13, 2025.
“This includes $12.6 billion worth of steel and $3 billion worth of aluminum, as well as additional imports of U.S. goods worth $14.2 billion,” he added.
This comes after Trump vowed on Tuesday that Canada will pay historically “financial prices” for electricity bills imposed in parts of the United States
Ontario Prime Minister Doug Ford reversed the course and said it would lift 25% tariffs on Canadian electricity to northern Michigan, New York and Minnesota.
Trump agreed after Canada backed down not to increase Canadian steel and aluminum to 50%, which means they will remain at 25%.
Canadian electricity prices implemented in Canada on Monday marked an escalation of the trade war and responded to Trump’s early tariffs.
The Prime Minister said he spoke with Commerce Secretary Howard Lutnick, who agreed to meet Thursday to discuss the mutual tariffs Trump hopes to reach on April 2.
“Ontario agreed to suspend its 25% surcharge for power exports to Michigan, New York and Minnesota,” Ford said.
In the intensified trade war, the president reiterated his call for the United States to integrate Canada.
“Canada should be honest with our 51st state. We won’t have a northern border problem. We won’t have any tax issues,” Trump said.
Canada will be the greatness of the 51st state we cherish. You won’t have boundary issues. You have nothing.
Earlier Tuesday, Trump announced electricity generation in the United States and doubled tariffs on aluminum and steel from Canada after Ford issued electricity prices.
