US Imposes 50% Tariffs on $20B in Canadian Goods, Threatens Same on Vehicles and Steel

US Imposes 50% Tariffs on $20B in Canadian Goods, Threatens Same on Vehicles and Steel

The Trump administration enacted 50 percent tariffs on roughly $20 billion in Canadian goods — wine, dairy, furniture, cement, clothing, hockey equipment — after bilateral trade talks collapsed. Trump has since threatened identical 50 percent tariffs on Canadian vehicles, car parts, and steel. Canada was expected to announce retaliatory measures. Prime Minister Carney accused Washington of trying to subordinate his country.

Published

Read at another depth