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Canada announces retaliatory tariffs on nearly C$30bn worth of US imports By America-Today March,13 2025
Canada announced retaliatory tariffs on nearly C$30bn worth of American imports after US tariffs on steel and aluminum imports went into effect on Wednesday. The Canadian government said it will be following a ¡°dollar-by-dollar¡± approach and institute 25% tariffs on American imports, including steel, computers and sports equipment. Donald Trump first announced the tariff on all steel and aluminum imports in February and scheduled them to go into effect on Wednesday. The tariffs have started a chain reaction of retaliatory tariffs as countries around the world decide how to respond to Trump¡¯s policy. Canada¡¯s announcement comes after the EU announced its own tariffs on American imports, including products such as motorcycles and whiskey, totaling $28bn. ¡¡ |
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