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Canada unveils list of over 1,000 US goods facing new tariffs

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Canada unveils list of over 1,000 US goods facing new tariffs

2025-02-03 11:38 Last Updated At:18:37

The Canadian government released a list of more than 1,000 U.S. goods subject to 25-percent import tariffs on Sunday, in response to the recent U.S. tariff hikes.

The first phase of the countermeasures, to take effect on Tuesday, will impose the tariffs on 30 billion Canadian dollars' (about 20.6 billion U.S. dollars) worth of U.S. goods, including beverages, cosmetics and paper products.

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Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

The Canadian Minister of Finance Dominic LeBlanc described the move as Canada's initial response to U.S. trade actions.

A second phase will follow, targeting an additional 125 billion Canadian dollars' (nearly 86 billion U.S. dollars) worth of U.S. imports, covering fruits, vegetables, meat, dairy, and steel and aluminum products.

The full list will be published in coming days and these measures will take effect in 21 days.

The Canadian government warned that if the U.S. continues imposing unjustified tariffs, it will consider further countermeasures, including non-tariff actions.

It emphasized that Canada's response will be reciprocal and firm.

To shield domestic businesses from the impact, the Canadian government has also introduced tariff relief measures for certain sectors affected by U.S. trade policies.

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Canada unveils list of over 1,000 US goods facing new tariffs

Global film industry insiders have highlighted the Chinese market's role in boosting global film revenues, with the country's box office garnering nearly 51 billion yuan (approximately 7.24 billion U.S. dollars) in 2025, a significant portion of which was generated by imported films.

Leading recent releases, Disney's animated comedy film Zootopia 2 has raked in over one billion dollars in global box office earnings, with nearly half of that revenue stemming from China, significantly outpacing the North American market.

The blockbuster's impressive performance in China has been a key engine driving its global box office success. In its opening week, Zootopia 2 set a record for the highest opening weekend for a non-local animated film in China, far exceeding expectations.

This strong showing further underscores how the Chinese market has evolved from merely an important box office for Hollywood to a core driving force behind its global success, according to observers.

Mike Wang, a partner at a U.S. cinema chain, expressed optimism about the film's continued success with Chinese audiences.

"I think this movie will be very good and popular in China. The popularity will continue for around two months, and I do hope that this movie will bring international movies back on track to where they were," he said.

"That story is, in some ways, an unexpected win. And because of all that, Zootopia 2 is becoming right now a centerpiece of Disney's marketing efforts. And we can claim that it is Disney's most important movie in China this year, for sure," said Ashley Dudarenok, a digital media marketing expert.

According to industry insiders from North America, against the backdrop of the global film landscape undergoing a historic transformation, the Chinese market has become an indispensable box office pillar for Hollywood and a key force capable of steering global industry trends, thanks to its population of 1.4 billion and over 90,000 screens in the country.

"And so that does make people sit up and take notice that Chinese people don't just stream things online. They actually go to the cinemas. And don't we wish people did that here in North America? And so it also shows that there is, again, a shift in the power of the global film market," said Christopher Rea, associate head of the Department of Asia Studies at the University of British Columbia in Vancouver, Canada.

As Hollywood films like "Zootopia 2" and "Avatar 3" enjoy significant success in China, international media outlets have lauded the market's openness and global appeal.

China emerges as core engine of global film industry growth: observers

China emerges as core engine of global film industry growth: observers

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