Kanada kündigt Vergeltungszölle in Höhe von 20 Milliarden Dollar auf US-Waren an
Kanada verhängt ab 8. September Vergeltungszölle von bis zu 50 Prozent auf 700 US-Produkte. Ein Hilfspaket von 7,5 Milliarden Dollar soll betroffene Unternehmen und Arbeitnehmer unterstützen
The United States and Canada have reportedly agreed to postpone retaliatory tariffs on each other's imports, giving the two countries time for further negotiations ahead of new US trade measures coming into effect. US President Donald Trump announced on Tuesday that 50 percent tariffs on Canadian imports would be temporarily suspended for three days, allowing both nations to discuss new terms.
The tariffs were expected to hit Canadian goods worth around $20 billion, including hockey sticks and medical wood shovels, accounting for about five percent of Canada's annual exports to the US. Canadian Prime Minister Mark Carney had tried to prevent new punitive tariffs on Tuesday in a phone call with Trump. The tariffs, amounting to $20 billion, were set to take effect at midnight.
This was the second conversation between the two leaders this week, though the status of the negotiations remained unclear. A White House and US Trade Representative spokesperson had not commented on the matter. According to industry representatives familiar with the talks, the existing US tariffs on Canadian vehicles were one of the main sticking points, and the sides had discussed reducing the tariffs from 25 to 15 percent.
A key issue is the base for future tariff concessions - Washington wants only US-made content to be counted, while Canada pushes for including all North American components, including Canadian and Mexican parts. Earlier in the week, Trump announced 15 percent tariffs on polysilicon products and minimum import prices to protect domestic industries from Chinese competition.
Polysilicon, a high-purity form of silicon, is at the beginning of the supply chain for chip and solar industries. The new trade restrictions are based on a 1962 US law. Canadian Prime Minister Mark Carney attempted to avert the new punitive tariffs in a phone call with Trump on Tuesday, but details about the status of ongoing negotiations were not provided.
The US has vowed to investigate the practice of "draining" American companies and thus American taxpayers.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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