Full List of US Trade Tariffs Hitting Canada From Today
Summary
The United States has started new tariffs of up to 50 percent on many Canadian products after trade talks between the two countries failed. These tariffs affect cars, alcohol, dairy, and many other goods, and are meant to offset what the U.S. calls unfair treatment of American products by Canada.Key Facts
- Trade talks between the U.S. and Canada did not lead to an agreement to avoid new tariffs.
- President Donald Trump said a deal was close but disagreements on cars and alcohol ended the negotiations.
- The tariffs are based on Section 338 of the Tariff Act of 1930, allowing the U.S. to impose duties to balance trade disadvantages.
- Products hit by 50 percent tariffs include motor vehicles, alcoholic drinks, dairy products, and hundreds of other Canadian goods worth about $20 billion.
- Canadian provinces banned U.S. alcohol in response to earlier U.S. tariffs, worsening trade tensions.
- The U.S. accuses Canada of unfair rules that block American dairy products.
- The tariffs apply even to goods covered by the USMCA trade agreement, except some energy, fish, and mineral products.
- These new tariffs add to existing U.S. tariffs on Canadian steel, aluminum, and lumber.
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