As of March 20, 2025, U.S. President Donald Trump has continued to use executive orders under the International Emergency Economic Powers Act (IEEPA) to implement a shifting array of tariffs on Canada and other trading partners.

‍

Currently, U.S. imports from Canada are subject to the following tariffs: a 50% tariff on steel and aluminum, a 10% tariff on energy and potash, or a 35% tariff on other good that do not qualify for preferential treatment under the Canada-United States-Mexico Agreement (CUSMA). In response to these challenging trade conditions, ventureLAB is committed to supporting founders by curating relevant resources and planning targeted activities and consultations to help navigate the evolving landscape.

ventureLAB has regular touchpoints with all levels of Canadian government. If you would like us to provide feedback on your behalf, please provide your comment below