Canada announces retaliatory tariffs ranging from 15% to 50% on US products
Canada announced on Tuesday the imposition of retaliatory tariffs on U.S. goods ranging from 15% to 50%, amid an escalating trade war between the two historically close neighbors. The tariffs imposed by Ottawa will take
Translated by Qiyas from كويت نيوز — Original source
Canada announced on Tuesday the imposition of retaliatory tariffs on U.S. goods ranging from 15% to 50%, amid an escalating trade war between the two historically close neighbors.
The tariffs imposed by Ottawa will take effect on September 8, a date set by Prime Minister Mark Carney following the implementation of U.S. tariffs of 50% on Canadian products on Saturday.
Canadian officials stated on Tuesday that the new tariffs would match the levels of U.S. duties, alongside the announcement of a $5.4 billion aid package for affected businesses and workers.
