President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. July 20 (Reuters) - President Donald Trump unveiled 50% tariffs on a wide range of imports from Canada on Monday in response to what the U.S. administration called its discriminatory treatment of American-made cars, alcohol and dairy goods, threatening a new front in a global trade war.
The tariffs take effect in 30 days and cover various items including wine, hockey sticks and cement, said the White House Tariffs apply to Canadian wine, hockey sticks, cement, and other products, sparking fears of escalating trade tensions. The White House says the tariffs will go into effect in 30 days, meaning there is time for negotiations.
The duties take effect within 30 days and mark a major escalation in trade tensions between the North American neighbours. US President Donald Trump on Monday imposed 50 per cent tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American cars, alcohol and dairy products. The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.
The administration official previewing the action said that Canada was one of the only nations... The new tariffs will take effect in 30 days and cover products such as wine, hockey sticks and cement. US President Donald Trump signed orders on Monday imposing new 50% tariffs on some Canadian goods, citing what the White House called Canada's "discriminatory treatment" of US alcohol, automobiles and dairy products.
The tariffs take effect in 30 days, with energy, potash and sector-specific imports exempted, the White House said. President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries. Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy productsDonald Trump is imposing 50% tariffs on most Canadian goods in response to the country retaliating against previous US tariffs, the White House announced Monday, declaring Canada has unfairly discriminated against American cars, alcohol and dairy products.The tariffs will hit a wide range of products, the White House said, including wine, hockey sticks and cement.
They also include goods previously protected from import taxes under the United States-Mexico-Canada (USMCA) agreement. The tariffs will cover products including wine and hockey sticks, but not energy or fish. The move is the latest trade escalation between the US and its northern neighbor under the Trump administration.
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