Carney says new Canadian tariffs on US goods will come into effect on September 8
Canada will target U.S. imports with matching tariffs after talks collapsed, and officials said the levies will hit 5% of Canadian exports to the United States.
- Prime Minister Mark Carney announced Canada will impose retaliatory tariffs on the United States starting Sept. 8, the day after Labour Day, following the collapse of trade negotiations.
- Negotiations with the United States collapsed on Saturday after the U.S. introduced 50 per cent tariffs on billions of dollars in Canadian exports, prompting Carney to recall negotiators to Ottawa.
- Citing last-minute changes, Carney said the U.S. introduced efforts "at the last hours" to restrict Canada's trade independence and cultural protections, calling the terms "unfair, uneconomic, and called into question the reliability of any deal."
- Canada will match Washington's new tariffs dollar-for-dollar, targeting steel, dairy, appliances, and electronics, while Carney pledged, "We will do whatever it takes to support these businesses."
- Speaking on Parliament Hill on Saturday, Carney confirmed Canada is walking away from a "bad deal" with the United States and will diversify trade abroad in the coming days.
107 Articles
107 Articles
Canadian Prime Minister Mark Carney announces that tariffs on US products will take effect on September 8 and will be matched “dollar for dollar” with those of the neighboring country.
Canadian Prime Minister Mark Carney announced this Saturday measures of retaliation against American steel and dairy products after rejecting Washington’s proposed “bad trade deal,” with which relations are at their lowest point.
Formerly close allies the United States and Canada are taking a major step toward a full-blown trade war this weekend after negotiations broke down late Friday. Trump's threat of 50 percent tariffs on beer and dairy products, among other things, is being met with punitive Canadian tariffs.
Canada reciprocates the new tariffs imposed by the United States. Canadian Prime Minister Carney announced that, from 8 September, additional taxes would be imposed on steel, dairy products, agricultural equipment and electrical equipment from the United States.
Canadian PM threatens retaliatory tariffs on the US — here’s when they would take effect
Speaking from Ottawa a day after threatening to impose "dollar for dollar" tariffs on the United States, Carney said, “in the coming days, we will release the details of these new tariff measures, which will come into force the Tuesday after Labor Day.”
Canada announces retaliatory tariffs on U.S. to begin Sept. 8
Canada announces retaliatory tariffs on U.S. to begin Sept. 8 Click this link for the original source of this article. Author: The Hill This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and...
Coverage Details
Bias Distribution
- 41% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
