Canada Hits Back With New US Tariffs

Steel, aluminum, tractors, appliances — a fifty percent tax Ottawa gets to blame on Washington, and the price tag doesn't care who signed it.

Canada is set to impose new retaliatory tariffs of as much as 50% on US goods starting Sept. 8, targeting $27.6 billion of imports including steel, aluminum, pulp and paper, appliances and agricultural equipment. Bloomberg News Ottawa Bureau Chief Brian Platt tells Christina Ruffini and Jeff Mason on Bloomberg This Weekend that the broader economic impact may be limited, but businesses tied to integrated supply chains, tourism and cross-border commerce could face sharper consequences as the cycle of retaliation continues. (Source: Bloomberg)

Read it at Bloomberg Markets ↗

← Front page