Hours after U.S. imposes tariffs, Canada says it'll strike back starting Sept. 8
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President Trump walks on the Ellipse as he arrives on Marine One near the White House on Friday. Graham Hughes/NurPhoto via Getty Images hide caption
Canadian Prime Minister Mark Carney says his country will initiate retaliatory tariffs against U.S. imports starting Sept. 8. The move came hours after the Trump administration began enforcing 50% tariffs on a slew of Canadian goods.
Trade negotiations between the United States and Canada fell apart Friday night, shortly before a midnight deadline for the 50% tariffs to take effect on $20 billion worth of Canadian products, including some dairy products, alcoholic beverages, cement and hockey equipment.
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U.S. imposes 50% tariffs on some Canadian goods after trade talks collapse
The U.S. imposed 50% tariffs on a wide swath of Canadian goods at midnight after trade talks between the two countries collapsed. Canadian Prime Minister Mark Carney responded to the tariffs saying, “Canada will match those tariffs dollar for dollar.”
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U.S. imposes 50% tariffs on $20 billion worth of Canadian products, and Canada says it will retaliate
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year. The post U.S. imposes 50% tariffs on $20 billion worth of Canadian products, and Canada says it will retaliate appeared first on MS NOW .
Canadian Prime Minister Mark Carney calls new U.S. tariffs ‘a miscalculation’
A new wave of tariffs will hit Canada early Saturday morning, with steep 50% duties in effect at the stroke of midnight.
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Negotiations between the United States and Canada fell through this weekend, causing the Trump administration to impose a 50 percent tariff on its northern neighbor. But Canadian Prime Minister Mark Carney swiftly responded with his own retaliatory tariff on the U.S. The prime minister said during a Saturday press con…