Canada Implements Tariffs on Select U.S. Products in Trade Dispute
Canada responds to U.S. tariffs on steel and aluminum with retaliatory measures affecting $29.8 billion in imports.
Beginning tomorrow, Canada will impose tariffs on selected American products as a countermeasure to what it describes as 'unjust and unreasonable' tariffs levied by U.S. President Donald Trump on steel and aluminum.
The tariffs will be set at 25% on approximately $29.8 billion (18 billion euros) worth of U.S. imports, according to Canadian Finance Minister Dominic LeBlanc.
The affected products include computers, sports equipment, and cast iron goods.
This development follows the implementation of a 25% increase in U.S. tariffs on steel and aluminum, which took effect today.
In a parallel response, the European Commission announced that it will introduce 'proportional' tariffs on various American products starting April 1. The escalation of tariffs requested by Trump represents a new phase in the ongoing trade conflict between Washington and its key partners.
The tariffs will be set at 25% on approximately $29.8 billion (18 billion euros) worth of U.S. imports, according to Canadian Finance Minister Dominic LeBlanc.
The affected products include computers, sports equipment, and cast iron goods.
This development follows the implementation of a 25% increase in U.S. tariffs on steel and aluminum, which took effect today.
In a parallel response, the European Commission announced that it will introduce 'proportional' tariffs on various American products starting April 1. The escalation of tariffs requested by Trump represents a new phase in the ongoing trade conflict between Washington and its key partners.
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