On February 1st, 2025, President Trump announced a 25% tariff on all Canadian imports, a move that is damaging for Abbotsford businesses. The B.C. government estimates that under this tariff scenario, B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028.
The Canadian Chamber of Commerce's Business Data Lab (BDL) estimates the tariffs would cost Americans approximately $1,300 per person annually.
On this webpage, you will find a survey to help inform the Abbotsford Chamber's advocacy work and links to numerous member resources to help your business.
ACOC IN ACTION
- Survey: Tell us about how these tariffs will impact your business. Fill out the quick survey here.
- Connect: We also welcome you to connect directly with us by email: ceo@abbotsfordchamber.com
Here is a document that discusses the mutually beneficial impact of Canada-U.S. Trade. Provided by Global Affairs Canada.
Key Upcoming Dates
April 2, 2025 - Deadline for Phase II of Canadian retaliatory tariffs
July 1, 2026 - Expected date of the Free Trade Commission’s review of the Canada-United States-Mexico Agreement (CUSMA)
Updates
April 2, 2024 - US will proceed with the imposition of tariffs on all imported goods. Existing tariffs on Canadian and Mexican products will continue without change. CUSMA compliant goods will continue to see a 0% tariff, non-CUSMA compliant goods will see a 25% tariff, and non-CUSMA compliant energy and potash will see a 10% tariff. A 10% tariff will be imposed on imported goods from all countries and will go into effect on April 5, 2025 at 12:01 AM EDT. Read the White House fact sheet on 10% tariff.
March 26, 2025 - US to impose 25% on the imports of automobiles and parts, specifically on the value of non-US content. Read the White House fact sheet on automobile import tariffs.
March 13, 2025 - Canada imposes Canadian retaliatory tariff on select products. Read the complete list of US products subject to 25% tariffs.
March 12, 2025 - US implements 25% tariff on imported steel and aluminum products.
March 6, 2025 - US places pause tariffs on products that are covered under the Canada-U.S.-Mexico Agreement (CUSMA) until April 2, 2025. Read the White House fact sheet on tariff update. Canada has not lifted Phase I tariffs imposed on $30 billion worth of American imports. The implementation of Phase II retaliatory tariffs will be paused until April 2, 2025.
March 4, 2025 - US proceeds with imposition of 25% Tariffs on Canadian and Mexican imports under the International Emergency Economic Powers Act. Read White House fact sheet on US Tariffs. Read news release from Department of Finance Canada. Canada has responded with 25% tariffs on $30 billion worth of American products.
Prime Minister Justin Trudeau responds to US Tariff
- Click here to see the full list of products from the US subject to 25% tariffs.
- Click here for information on how to request remission on tariffs.
February 11, 2025 - Canadian Chamber of Commerce releases study ranks Abbotsford, BC 15th in Canadian cities to be negatively impacted by US tariffs. Read more
February 10, 2025 - Donald Trump signs proclamations to terminate exemptions to Section 232 of the Trade Expansion Act of 1962 to restore 25% tariffs on the the import on steel and to elevate the tariff on the import of aluminum to 25%, effective March 12, 2025. Read more.
February 3, 2025 - Justin Trudeau announces that proposed tariffs will be paused for at least 30 days.
February 2, 2025 - Canada announces tariff counter measures imposing 25% tariffs on $30 billion effective February 4th and $125 billion to go into effect after 21 days, on goods imported from the United States Read more.
February 1, 2025 - White House announces the imposition of 25% tariffs on Canadian and Mexican Imports and 10% on Chinese imports and Canadian energy resources. Read more.
November 25, 2024 - Trump announces plans to sign an executive order to impose tariffs on Mexico and Canada. Read more.
Upcoming Events/Information Sessions
Webinar: Beyond the Tariffs: New Markets, Growth & Support for Your Business
Are U.S. tariffs threatening your bottom line? Is it time to consider new strategies?
Join the Abbotsford Chamber of Commerce and Sales Primer Solutions Inc. for a dynamic online workshop designed to help Abbotsford businesses protect revenue, expand markets, and access financial support in these uncertain times.
- Assess Your Risk & Opportunities – How will tariffs impact your business, supply chain, and pricing?
- Explore New Markets – Learn how to retain U.S. customers while unlocking opportunities across Canada and overseas.
- Leverage Government Support – Discover funding, financing, and expert guidance from BDC, EDC, and other agencies.
With 25 years of experience in market expansion, Sales Primer Solutions Inc. will share proven strategies to help you future-proof your business. Don’t just react—take control and start building new revenue streams today!
BUSINESS RESOURCES
- EMC: Canada US Trade Relations
- CFIB: U.S. Tariffs: What They Mean to Your Business
- CANADIAN CHAMBER OF COMMERCE: Canada-U.S. Trade Tracker
- EDC: FAQs: What Canadian exporters need to know about the impact of potential U.S. tariffs
- BDC: Resources for businesses impacted by potential U.S. tariffs
- KPMG: KPMG in Canada supports Canadian businesses navigating U.S. tariffs
GOVERNMENT RESOURCES
Provincial
- B.C. provides economic assessment of Trump's tariff threat
- New cabinet committee will protect B.C.'s economy from tariff threat
Federal
- List of products from the United States subject to a 25% tariff effective Feb 4th, 2025
- Process for requesting remission of tariffs wth the Government of Canada
- Prime Minister Justin Trudeau speaks with premiers on the Canada-U.S. relationship and internal trade
- First Ministers' statement on the Canada-United States relationship
- Government of Canada launches weekly briefings with industry stakeholders on Canada-U.S. economic relationship
If your organization has webinars or resources available for B.C. businesses related to the U.S. tariffs and you would like to include them on this webpage, please email marketing@abbotsfordchamber.com.
Let's Talk Tariffs
What is a tariff?
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25% Tariffs on aluminum and steel imported to go into affect March 12, 2025
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Made in Canada/Produced in Canada. What is the difference?
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Tariff Talks with Ed Fast
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Media: Abbotsford Chamber of Commerce on US Tariffs
April 2, 2025
March 5, 2025 - Abbotsford News - Abbotsford Chamber of Commerce expresses concern with release of B.C. budget. Read more.
February 23, 2025
February 19, 2024
February 14, 2025 - Abbotsford News - Canadian Chamber analysis ranks Abbotsford as most vulnerable B.C. city to 'Trump tariffs'. Read more.
February 4, 2025 - Abbotsford News - Abbotsford Chamber of Commerce promotes local businesses ahead of potential tariffs. Read more.
February 2, 2025 - Abbotsford News - Abbotsford Chamber of Commerce responds to proposed Trump tariffs. Read More.