US customs policy: Trump announces 50 percent tariffs on vehicles from Canada
Business demands new negotiations in the US-Canada tariff dispute +++ Canada announces retaliatory tariffs on US goods +++ Brazilian President Lula talks to Trump about tariffs +++ The Newsblog.
The US and Canada have agreed to delay new US tariffs on Canadian imports. US President Donald Trump said the planned 50% tariffs on Canadian goods, worth around $20 billion, would be suspended for three days to allow for further negotiations. The tariffs, which would have affected products such as hockey sticks and medical wooden spatulas, were set to take effect at midnight. Canada's Prime Minister Mark Carney had spoken with Trump in a phone call on Tuesday in a last-minute effort to avert the new tariffs.
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