US president has pushed measures back until April 2 – but Canadian chamber calls for their full removal
The Canadian Chamber of Commerce is calling for a permanent removal of US tariffs on Canadian goods, arguing that ongoing trade uncertainty is disrupting economic stability and harming businesses.
The statement follows US President Donald Trump’s recent decision to temporarily expand exemptions on Canadian and Mexican imports until April 2.
The move marks the second time in two days that the administration has rolled back tariffs, which have raised concerns in financial markets and among business leaders. The exemptions cover certain automotive products and potash, which previously faced 25% and 10% tariffs, respectively.
Matthew Holmes, executive vice president for international and public policy at the Canadian Chamber of Commerce, acknowledged that the delay provides temporary relief but warned it does not resolve the larger issue of economic uncertainty.
The chamber’s statement highlighted concerns over delayed business investments, weakened consumer confidence, and volatile capital flows as consequences of the unpredictable trade environment.
“Reliable, free trade with Canada helps gas, food, fertilizer, energy, clothes, and cars stay affordable for Americans and Canadians,” the statement read. “The only outcome that makes sense for both economies is for all tariffs to be taken off the table, without exception.”
The carveout from US duties applies to goods shipped under the US-Mexico-Canada Agreement (USMCA), but a White House official estimated that 62% of Canadian imports could still face tariffs, according to the BBC. These figures could shift depending on how businesses respond to the new policies.
Canadian Prime Minister Justin Trudeau has expressed scepticism about long-term trade stability despite the exemptions. Speaking to reporters, he said that a trade war remains a possibility, even as the US temporarily relaxes certain tariffs. Trudeau also described a recent phone call with Trump as “colourful,” noting that the US president used strong language during the conversation.
The Canadian Chamber of Commerce said it will continue pressing for a permanent solution and has dispatched a delegation to Washington to engage with US partners. The organization emphasized that Canada must protect its economic sovereignty while working toward an updated and respected USMCA agreement.
While the Trump administration argues tariffs will protect US industries, many economists warn they could lead to higher consumer prices and potential economic downturns in both Canada and Mexico.
