Trump Threatens 250% Tariff On Canadian Lumber

President Donald Trump may impose reciprocal tariffs on Canadian lumber and dairy products, once again threatening trade relations with a key U.S. partner.

Trump's aggressive trade policies could further strain an already struggling U.S. economy

His remarks reignite long-standing cross-border disputes over these industries, Bloomberg News reporter Akayla Garner noted.

“Canada has been ripping us off for years on tariffs for lumber and dairy products. 250%—nobody ever talks about that—250% tariff—which is taking advantage of our farmers. So that’s not going to happen anymore,” Trump said Friday in the Oval Office.

“They’ll be met with the exact same tariff unless they drop it, and that’s what reciprocal means. And we may do it as early as today, or we’ll wait until Monday or Tuesday, but that’s what we will do. We’re going to charge the same thing. It’s not fair,” he added.

Trump’s comments capped a volatile week in which he imposed 25% tariffs on the United States’ largest trading partners, Mexico and Canada, and doubled levies on Chinese imports to 20%.

These moves have fueled concerns that his aggressive trade policies could further strain an already struggling U.S. economy, which faces stagnating factory activity, persistent inflation, and weakening consumer confidence.