Trade dispute: 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 failed. Canada will retaliate with equal tariffs to protect its workers and businesses, according to Prime Minister Mark Carney. The US Trade Representative, Jamieson Greer, confirmed the failed negotiations, stating that Canada refused to agree to the deal under the agreed terms.
The new 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.
