Canada has announced C$29.8 billion in retaliatory tariffs on U.S. imports in response to President Trump's tariffs on steel and aluminum. The countermeasures target a wide range of American products, including steel, aluminum, computers, sports equipment, and cast iron. This move follows the expiration of exemptions and marks a significant escalation in trade tensions between the two countries. Canadian officials stated that these tariffs are necessary to protect domestic industries and respond to U.S. trade policies. The dispute raises concerns about further economic fallout and potential negotiations between the two nations.
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Canada Announces Fresh $21 Billion Retaliatory Tariffs on US Computers, Sports Gear and Cast Iron as Trade War with Trump Escalates
Canada had introduced the electricity tariffs on Monday as a retaliatory measure in the ongoing trade dispute, escalating tensions following Trump's earlier tariffs.
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Governments meddling in trade with tariffs only ends up hurting consumers and businesses on both sides. Instead of this *** for-tat nonsense, how about letting people trade freely without politicians picking winners and losers?
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Canada Hits Back: C$29.8 Billion Tariff Retaliation Against the U.S.
Canada announces C$29.8 billion in retaliatory tariffs on U.S. goods following President Trump's tariffs on steel and aluminum imports. The measures cover a range of products as Canada responds to expired exemptions and trade tensions rise,
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Canada announces C$29.8bil in retaliatory tariffs on US
Canada’s retaliation targets steel products worth C$12.6 billion and aluminium products worth C$3 billion as well as additional imported US goods worth C$14.2 billion for a total of C$29.8 billion. Products affected by Canada’s counter-tariffs include computers, sports equipment and cast iron products, LeBlanc said at a news conference.
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