The Financial News

The Financial News

Canada’s retaliatory tariffs worth $27.6B take effect as trade rift with U.S. deepens


Canada has introduced and raised tariffs on $27.6 billion worth of U.S. goods, including dairy, agricultural equipment, paper, household appliances and electronics.

U.S. steel, aluminum and iron products, furniture and clothing were hit with the highest rate of 50%.

Officials from Ottawa and Washington continue to publicly trade barbs, blaming one another for the failure to reach a trade deal.


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