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اقتصاد سكاي نيوز عربية
Washington looks at new tariffs on Canada
The administration of U.S. President Donald Trump is studying the possibility of imposing new tariffs in response to Canada's implementation of retaliatory tariffs on American products, which threatens to escalate the trade war between the two countries. Canada announced that it will impose tariffs ranging from 15 to 50 percent on American imports valued at nearly $20 billion, including sectors such as steel, dairy products, and electronics, starting from September 8. In response, the Trump administration has invoked Section 338 of the Tariff Act and warned of increasing tariffs on Canadian automobiles and steel to 50 percent beginning in January 2027, raising concerns about a possible escalation of the trade dispute and potential harm to the major supply chains between the United States and Canada.
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