• Tariff Resource Centre

  • A go-to source to help Orillia & Area Businesses stay informed, connect with supports, and be prepared to navigate the evolving threat of tariffs. 

  • Staying Up-to-Date: What You Need to Know

    Since the initial US tariff announcement in early 2025, the situation has quickly evolved. Here is a brief timeline highlighting significant developments and events that have contributed to the tariff landscape we see today:

    • January 20, 2025: US President Donald Trump is sworn in and announces plans to impose 25% tariffs on Canada and Mexico starting on February 1, 2025.
    • February 1, 2025: The US announces 25% tariffs on Canada and Mexico to come into effect February 4, citing a national emergency of border security and drug trafficking.
    • February 3, 2025: A 30-day pause is announced on the Canada and Mexico tariffs.
    • February 10, 2025: US increases tariffs on all steel and aluminum imports to 25%, removing previous steel exemptions.
    • February 13, 2025: US announces "reciprocal" plan to match tariffs charged by other countries.
    • March 4, 2025: 25% US tariffs on Canadian and Mexican imports come into effect. Canada announces $100B worth of retaliatory tariffs in response.
    • March 5-6, 2025: