Trump Bans Canadian Products From U.S. Government Contracts
Trump says the move affects more than $50 billion in annual federal purchasing unless Canada restores reciprocity.
- On Tuesday, President Donald Trump directed the General Services Administration and U.S. Trade Representative to remove Canadian-origin products from federal procurement lists unless Ottawa restores "full and fair reciprocity" for American firms.
- This escalation follows the breakdown of formal trade negotiations on August 21, after which Canada implemented dollar-for-dollar retaliatory tariffs on roughly $28 billion in U.S. goods Tuesday, prompting Trump's response to what he termed a "Canadian Trade Scam."
- The GSA's Multiple Award Schedules account for more than $50 billion in annual contracts. Trump also signed executive orders Tuesday banning imports of motorcycles, dairy products, and alcoholic beverages.
- Suppliers warn that U.S.-made appliance costs could rise 30 to 50 per cent starting October 1. Kyle Peacock, principal of Peacock Tariff Consulting, projects consumers will see price increases within six to 18 weeks.
- To diversify trade dependencies, Canada and the European Union are developing an alliance covering trade, security, and critical raw materials. Observers suggest these tariff measures aim to exert political pressure on Republicans ahead of U.S. midterm elections in November.
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174 Articles
Experts see it as a certain improvisation of Washington when it comes to overtaxing Canadian goods.
Trump Orders Canadian Goods Pulled From Shelves as Trade Tensions Escalate
Internewscast Internewscast President Donald Trump sharply escalated his trade fight with Canada on Friday,… This Post: Trump Orders Canadian Goods Pulled From Shelves as Trade Tensions Escalate first appeared on Internewscast
The US is escalating the trade conflict with Canada. The Trump administration is halting imports of several Canadian goods and at the same time imposing new tariffs. – President Trump will continue to use the tools he has, says US Trade Representative Jamieson Greer.
US President Donald Trump stated that Canada does not provide equal opportunities to American companies and farmers, and ordered the exclusion of Canadian-made products from over $50 billion worth of US government contracts.
The US president again increases the pressure in the trade dispute with Canada.
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