🇨🇦 Canada announced retaliatory tariffs of up to 50% on about 700 American products Tuesday, set to take effect September 8, following the collapse of trade talks and new U.S. tariffs.
The measures, covering roughly $20 billion in annual U.S. imports to match the value of Canadian exports hit by American tariffs, include a doubling of tariffs on U.S. steel and aluminum to 50%, and levies on appliances like dishwashers and stoves. Canada also announced it would maintain its 25% tariffs on American-made cars.
Mélanie Joly, Canada’s industry minister, said that some of the items on the tariff list were chosen to target states that voted for Trump.
Drop Site's Julian Andreone asked representatives on the Hill what they make of this trade war.
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US-Canada Trade War: Is This Trump’s Bid to Take Over Canada?
Aug 259 min