Hockey Sticks, Wine, Cement: No Agreement in Trade Dispute – New US Tariffs for Canada
US President Trump has announced new tariffs of 50 percent in the trade dispute with Canada. Until the last minute, Canada tried to avert the tariffs.
US President Donald Trump imposed a 50% tariff on many Canadian products, worth around $28 billion, after negotiations between the US and Canada were suspended. Canadian Prime Minister Mark Carney stated that Canada would retaliate with the same level of tariffs to protect its workers and businesses. The US Trade Representative, Jamieson Greer, confirmed that the talks failed due to Canada's refusal to agree to the terms, citing new Canadian demands that disrupted the previously reached balance.
The tariffs, which will apply to products such as wine, hockey sticks, furniture, and dairy products, will take effect after 30 days.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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