Canada's Tariffs Take Effect as It Seeks Closer EU Ties, Awaits Trump Response
10 Articles
10 Articles
Canada's new tariffs have come into effect: approximately $20 billion in imports from the United States are now overtaxed, a response to the measures decided by the United States at the end of August.
The trade conflict between the two countries resumed in the second half of August after the failure to finalize a previously drafted trade agreement.
Canada introduced 15% to 50% retaliatory tariffs on Tuesday for hundreds of U.S. products totalling $27.6 billion, escalating the trade conflict with the United States after the failure of negotiations between the two countries, according to CNBC.
On Tuesday, Canada activated customs retaliatory duties on US imports worth $27.6 billion (approximately US$20 billion), in a further escalation of trade war with the United States, after the failure of trade negotiations to avoid these duties, while there are no signs that Ottawa and...
The customs duties imposed by Canada on United States products worth billions of dollars came into effect today, Tuesday, in a new escalation of the ongoing trade dispute between Washington and Ottawa some 18 months ago.
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