Trump to impose 50% tariffs on Canadian hockey sticks, alcohol and other goods
Summary
President Donald Trump announced 50% tariffs on various Canadian products such as hockey sticks and alcoholic drinks. These tariffs will start on August 19 as a response to Canadian tariffs on American goods and ongoing trade disagreements between the two countries.Key Facts
- President Trump signed proclamations to impose 50% tariffs on certain Canadian goods.
- Affected items include hockey equipment, electronics, honey, flower bulbs, plywood, cowhides, jewelry, beer, wine, liquor, and milk.
- The tariffs respond to Canada’s earlier tariffs on U.S. auto imports and boycotts of American alcohol.
- The U.S.-Mexico-Canada Agreement (a trade deal signed during Trump’s first term) does not exempt these tariffs.
- The White House accuses Canada of unfair and discriminatory trade practices.
- The U.S. Trade Representative said the goal is to protect U.S. industries and ensure fair trade.
- The Trump administration says it remains open to negotiating with Canada.
- CBS News sought a comment from Canadian Prime Minister Mark Carney’s office.
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