Canada starts US tariff implementation

Canada announced the initiation of retaliatory customs duties on imports from the United States starting today, Tuesday, in an escalation of the trade dispute between the two countries. The duties amount to 50% and cover goods valued at approximately 27.6 billion Canadian dollars (around 20 billion US dollars), including steel and aluminum products, household appliances, agricultural equipment, wood pulp, paper, and electronics. This move comes after trade talks between Washington and Ottawa failed, following the United States' imposition of $20 billion worth of tariffs on Canadian products last month, prompting Canada to respond with reciprocal measures.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article