Canada announced the imposition of additional tariffs on U.S. goods as a retaliatory measure against the Trump administration's recent steel and aluminum duties. The new tariffs, set to take effect on Thursday, will add to the existing 25% counter-tariffs already in place. These measures target over $20 billion worth of U.S. products, including steel, aluminum, computers, sports equipment, and cast iron products.
The decision to introduce these tariffs comes in response to the broad-based tariffs imposed by President Donald Trump on Canadian imports. In March, Canada had already implemented 25% counter-tariffs on $30 billion worth of U.S. goods. The latest duties mark a continuation of the trade dispute between the two nations, escalating tensions further.
The Trump administration's tariffs on steel and aluminum from Canada were enacted overnight, prompting swift retaliation from the Canadian government. By targeting a diverse range of U.S. goods, Canada aims to exert pressure on its southern neighbor to reconsider its trade policies.
While both countries continue to navigate this complex trade landscape, the new Canadian tariffs underscore the ongoing friction in international trade relations. The inclusion of items such as computers and sports equipment in the tariff list highlights the broad scope of Canada's response to the U.S. tariffs.
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