Canada tariffs on U.S. goods from ketchup to lawn mowers begin
Canada tariffs on U.S. goods from ketchup to lawn mowers begin
Canada Imposes Major New Tariffs on American Goods
05 July, 2018, 08:01
Duties on steel and aluminum will be 25% and 10% respectively.
Ms Freeland said such tariffs would be "absurd" because the North American auto industry is highly integrated and parts made in Canada often go to cars manufactured in the United States and then sold back to Canadians.
Despite the tense political rhetoric among leaders, Trudeau kept his remarks upbeat and patriotic on Canada Day as he spoke to a crowd in Leamington.
As Canadians celebrated the country's birthday on Sunday, Prime Minister Justin Trudeau was on the road highlighting the stand he has taken against the USA government's decision to impose tariffs on Canadian steel and aluminum.
The U.S. Chamber of Commerce on Monday denounced President Donald Trump's handling of global trade disputes, issuing a report that argued tariffs imposed by Washington and retaliation by its partners would boomerang badly on the American economy. Canada also filed a case against the United States tariff action at the World Trade Organization (WTO).
Early last month, Mexico imposed tariffs on US products ranging from steel to pork and bourbon, while the European Union levied duties of 25 percent on 2.8 billion euros of USA imports, including jeans and Harley-Davidson (HOG.N) motorcycles. "I agreed." he wrote on Twitter, "...subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. And we should be celebrating that and the success of that. It's part of a tightly integrated cross-border trade network worth about $2 billion every day.
Ms Freeland said there are no grounds for further United States tariffs in response to Canada's actions.
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According to statistics from Canada's Ministry of Innovation, Science and Economic Development, Canada imported about $108 million in aluminum doors and windows from the U.S.in 2017.
U.S. President Donald Trump is taking aim at Canada, calling his neighbour to the north "very hard to deal with" and "very spoiled".
NORTHAM: There are concerns that the two neighbors could get embroiled in a trade war.
President Donald Trump said Sunday that he is "not happy" with the revised NAFTA deal that his administration has been hammering out with Canada and Mexico and that he doesn't want to sign any new agreement until after the midterm elections in November.
ROLAND PARIS: We make stuff together.
Pizza is among the foods Canada has listed on its countermeasure trade-restricted list.
Our neighbours down south visiting Canada's biggest tourist attraction say this trade war is hurting both countries.
The heat is going to continue until Thursday, with some relief on Friday when temperatures finally start dipping under 30 C. Environment Canada has updated its heat advisory for southern Ontario, warning about high humidex values.
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