The Government of Canada has announced that, effective September 1, 2025, it will remove retaliatory tariffs on a wide range of US goods that are compliant with the Canada-United States-Mexico Agreement (CUSMA).   Read the Prime Minister's statement > 

What’s Changing

Tariffs lifted: All Canadian tariffs on US goods that fall under the CUSMA agreement will be removed on September 1.

Tariffs remain: Retaliatory tariffs on steel, aluminum, and autos will remain in place while Canada continues negotiations with the US to resolve ongoing disputes in those sectors.

Impact: This decision re-establishes tariff-free trade for most goods, reducing costs for Canadian businesses and consumers alike.

Background

Canada originally imposed retaliatory tariffs in response to US trade actions that placed new duties on Canadian exports. These countermeasures targeted a wide variety of US products — everything from agricultural goods and consumer items to industrial inputs.

The full list of US goods that had been subject to tariffs is maintained by Finance Canada and available here.   Under the new announcement, all products on that list not related to steel, aluminum, or autos will see tariffs removed on September 1.

Why This Matters for Langley Businesses

Many Chamber members, especially those in retail, wholesale, and manufacturing, have faced higher input costs due to the tariffs on American materials and products.  This change will lower the cost of imported US goods and inputs used in production or resale.

At the same time, businesses in sectors still facing tariffs — particularly those tied to steel, aluminum, and autos — will continue to face elevated costs until negotiations resolve those issues.

The Chamber’s Position

If this move gets Canada and the US closer to a long-term deal that provides business with stability and certainty, then the Langley Chamber welcomes this step.  We shouldn't disarm unilaterally, but we must resolve this on-again, off-again trade dispute. 

Next Steps for Businesses

Review your supply chains and product lines to identify where cost reductions may occur after September 1.  If your business is in steel, aluminum, or autos, be aware that current tariffs remain in place.  And stay connected with the Chamber for updates as negotiations progress.