Canada announces broad retaliatory tariffs as trade tensions with U.S. escalate
Canada announced retaliatory tariffs Tuesday on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment. The measures also cover seafood, clothing, cosmetics and toilet paper, with duties reaching as high as 50%.
The tariffs will take effect Sept. 8 after the Trump administration imposed 50% tariffs on Canadian goods following failed trade negotiations. President Donald Trump has threatened additional tariffs on Canadian vehicles, auto parts and steel.
Canadian officials also announced a 7.5 billion Canadian dollar support package for affected workers and businesses. The two countries’ closely linked auto, energy, agriculture and manufacturing supply chains face higher costs and continued uncertainty.
Read the full story at pbs.org.
