Trump's Latest Round of 50% Tariffs on Canadian Goods Now in Effect
7 Articles
7 Articles
Measures covering cheeses, motorboats, ATVs and furniture take effect just after midnight
The US raises tariffs on certain Canadian products, including cheese and steel, while eliminating surcharges on others such as toilet paper and whisky.In response to Canadian measures, the US plans to ban imports of some large drinks and motorcycles from Canada at the end of the month.
Trump's latest round of 50% tariffs on Canadian goods now in effect
A new round of U.S. tariffs on Canadian goods took effect just after midnight on Tuesday, adding 50 per cent levies to 110 products ranging from specific cheeses to motorboats, all-terrain vehicles (ATVs) and furniture. A decision to simultaneously remove some tariffs shows that the U.S. is paying attention to which costs get passed down to the American consumer, experts say.
Some cheeses, animal skins, motorboats, paper or steel products are now subject to a 50% tariff on entry into the United States.
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