Canada · โดนัลด์ ทรัมป์ · Nation Thailand
Canada announces retaliatory tariffs after talks with US collapse
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Canada will answer the United States ’ new 50% tariffs with matching duties on American goods after the two governments failed to conclude a trade agreement, Prime Minister Mark Carney announced on Saturday.
Key facts
- The Canadian tariffs will take effect on September 8 and cover steel, dairy products, appliances, agricultural equipment, pulp and paper, and electronics.
- The new tariffs cover about $20 billion of Canadian goods, representing approximately 5% of the total value of US goods imports from Canada last year.
- to the US measures, which apply to about $20 billion of Canadian goods.
- Steel and aluminium were facing tariffs of 50%, with officials reportedly considering cutting the rate by half.
- Canadian cars were subject to 25% duties on their non-US content, allowing manufacturers to deduct the value of American-made parts.
- A reduction of the vehicle tariff to 15% had also been discussed.
Summary
The Canadian tariffs will take effect on September 8 and cover steel, dairy products, appliances, agricultural equipment, pulp and paper, and electronics.
Carney said Ottawa would respond “dollar for dollar” to the US measures, which apply to about $20 billion of Canadian goods.