Canada's Counter-Tariffs on US Goods Take Effect as Trade Tensions Escalate
Ottawa's retaliatory tariffs on billions of dollars in American products came into force Tuesday, weeks after Washington imposed steep duties on Canadian goods.
Canada's counter-tariffs on billions of dollars' worth of United States products took effect on Tuesday, according to a report by France 24, marking an escalation in a reignited trade dispute between the two countries.
The move comes weeks after US President Donald Trump imposed 50-percent tariffs on a similar value of Canadian products, the report said. Washington had justified the tariffs by citing what it described as "discriminatory treatment" against US alcohol, automobile and dairy industries.
Ottawa's countermeasures represent a direct response to the earlier US action, according to the report, though further details on the specific goods affected or the scale of the Canadian tariffs were not immediately available in the source material.
The dispute underscores ongoing friction between the two North American trading partners over trade practices in key sectors including alcohol, automobiles and dairy.
This is a developing story and further details are expected to emerge as both governments respond to the escalating trade measures.
Sources
- Canada's counter-tariffs take effect on several US goods as trade war reignites — France 24 — English
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Mexico Reports Progress in Trade Talks With US
Mexican President Says She Had 'Very Good' Call With Trump as Both Countries Push for Tariff Reductions
Qatar Says It Is Mediating to Revive US-Iran Talks
Qatari officials say mediators are shuttling between capitals in an effort to restart stalled negotiations between Washington and Tehran
Ukraine, Russia and US Said to Prepare New Round of Mediated Talks
Officials in Kyiv and Moscow indicate trilateral discussions could resume in October, though expectations for a breakthrough remain low.
Iran Says Strait of Hormuz Will Stay Closed Until US Meets Its Conditions
Parliament speaker says Tehran has relayed its demands to Washington through intermediaries and will not reopen the strategic waterway until they are satisfied
Iran Security Official Says Country Ready to Respond If US Resumes Military Action
Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said Tehran is prepared to defend itself and respond forcefully to any renewed US military aggression, according to IRNA.
Iranian General Says Tehran Retains "Initiative" in Strait of Hormuz, Rejecting US Claims
Armed Forces spokesperson Brigadier General Abolfazl Shekarchi dismissed recent American statements about the strategic waterway, according to Iran's IRNA news agency.
Comments
Loading comments…