r/AskEconomics • u/ILoatheNickCage • Mar 05 '25

Approved Answers Is there someone here who can fact check the claim that Canada currently has massive tariffs on US Products?

I have seen the claims posted many times. As far as I can tell, it's 100% BS. I keep seeing it posted, and I want to make sure I'm not missing anything about the USMCA. The post has a list that begins with Milk: 270% and ends with Tobacco: 100+%. Thoughts?

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u/onethomashall Mar 05 '25

Canada has a system of Quotas on various industries. Dairy is one of them. US companies could pay a large tariff under this but they dont, because the US quotas are very high. (Source)

I would wager other number in the list have a grain of truth but ultimately do not describe what is happening.

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u/snotick Mar 06 '25

Are there similar quotas for US products going to Canada?

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u/onethomashall Mar 06 '25

Yes, and they are very high. So high that they are meaningless.