Canada's $27.6 Billion Retaliatory Tariffs on U.S. Goods Take Effect
Duties on U.S. steel and aluminum products have doubled to 50% as trade tensions between Washington and Ottawa continue to escalate.
Canada's retaliatory tariffs on United States goods, valued at $27.6 billion, took effect this week amid a deepening trade dispute between the two countries, according to CNBC.
The report said duties on U.S. steel and aluminum products have doubled to 50 percent as part of the new measures.
CNBC described the move as occurring against a backdrop of continued public disagreement between officials in Washington and Ottawa, though specific statements from either government were not detailed in the report.
Further details on the scope of the tariffs, the products affected beyond steel and aluminum, and any response from U.S. officials were not immediately available.
Sources
- Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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