Canada applies 50% tariff on US copper and charcoal
Canada has imposed a 50% tariff on American copper wires and charcoal in response to the US tariffs on Canadian products, which also amounted to 50%. These measures come after the exemption of fish and seafood products from the sanctions, in an effort to maintain a balanced value of targeted imports, which amount to approximately $20 billion. These retaliatory actions are scheduled to take effect starting September 8, aiming to deter American trade policies and reduce their impact on the Canadian economy.
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