Canada’s retaliatory US tariffs set to take effect as trade dispute grows
Trade wars have two governments and one wallet paying the toll.
Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods Canada is set to impose retaliatory tariffs on billions of dollars’ worth of American imports early on Tuesday, escalating a trade fight with its largest trading partner as tensions between US president Donald Trump and Canadian prime minister Mark Carney intensify. The tariffs, which take effect at 12.01am on Tuesday, will range from 15% to 50% and apply to products covering C$27.6bn in imports from the US. The measures will target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics – industries that have been most affected by US tariffs. Continue reading...
Join the argument
House rules →Comments load as you scroll.